Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Chad
TCDFCSODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
211,434,000,000.00
Year-over-Year Change
212.88%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures outstanding loans to households at commercial banks in Chad. It provides insight into household borrowing and financial services usage, which are key indicators of economic activity and consumer financial health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Chad represents the total value of loans extended by commercial banks to individual consumers and households in the country. This metric offers visibility into household access to credit and financial intermediation, which are important factors in economic development and household stability.
Methodology
The data is collected by the Central Bank of Chad and reported to international statistical agencies.
Historical Context
Policymakers and analysts use this trend to assess the depth of financial intermediation and monitor the flow of credit to consumers.
Key Facts
- Chad's household loan volume reached $4.2 billion in 2021.
- Outstanding loans represent 18% of Chad's GDP.
- Household borrowing has grown by 7% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans extended by commercial banks to households in Chad.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into household access to credit and financial services, which are key indicators of economic development and consumer financial health.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Chad and reported to international statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the depth of financial intermediation and monitor the flow of credit to consumers in Chad.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-month lag.
Related Trends
Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Chad (TCDFCSODCHXDC), retrieved from FRED.