Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprisesat Other Deposit Takers for Tonga
TONFCSODDSXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,942,000.00
Year-over-Year Change
138.68%
Date Range
1/1/2004 - 1/1/2014
Summary
This trend measures the outstanding loans to small and medium enterprises (SMEs) from other deposit-taking institutions in Tonga. It provides insights into the availability of credit and financing for this critical business segment.
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 outstanding loans to SMEs at other deposit-taking institutions in Tonga is an important indicator of the financial health and access to capital for small and medium-sized businesses. It reflects the level of lending activity and the ability of SMEs to secure necessary funding for growth and operations.
Methodology
The data is collected and reported by the Central Bank of Tonga.
Historical Context
This trend is closely monitored by policymakers and analysts to assess the financing conditions for Tonga's small and medium enterprises.
Key Facts
- Tonga has a large small and medium enterprise sector.
- Access to credit is crucial for SME growth and job creation.
- Loan volumes to SMEs can indicate economic activity and business confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding loans provided to small and medium enterprises (SMEs) by other deposit-taking institutions in Tonga.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the financing conditions and access to capital for SMEs, which are critical drivers of economic growth and job creation in Tonga.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Tonga.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the financing environment for small and medium enterprises and inform policies to support small business development.
Q: Are there update delays or limitations?
A: There may be some delays in the reporting of this data by the Central Bank of Tonga, and the coverage may be limited to formal financial institutions.
Related Trends
Bank Lending Deposit Spread for Tonga
DDEI02TOA156NWDB
Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Tonga
TONFCACNUM
Number of Identified Exporters to Tonga from Mississippi
MSTONA475SCEN
Number of Identified Exporters to Tonga from Oklahoma
OKTONA475SCEN
Number of Identified Exporters to Tonga from Wisconsin
WITONA475SCEN
Net migration for Tonga
SMPOPNETMTON
Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprisesat Other Deposit Takers for Tonga (TONFCSODDSXDC), retrieved from FRED.