Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Commercial Banks for Samoa
WSMFCLODCSXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
509,490,000.00
Year-over-Year Change
132.07%
Date Range
1/1/2011 - 1/1/2023
Summary
This economic trend measures the outstanding deposits held by small and medium-sized enterprises (SMEs) at commercial banks in Samoa. It provides insights into the financing and liquidity conditions 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 Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Commercial Banks for Samoa metric tracks the total value of deposits held by SMEs with commercial banks in the country. This data point is an important indicator of SME access to formal banking services and the overall financial health of small businesses.
Methodology
The data is collected through surveys of commercial banks operating in Samoa.
Historical Context
Policymakers and economists use this metric to assess the financial inclusion and credit conditions for SMEs, which are vital for economic development.
Key Facts
- SMEs account for over 95% of businesses in Samoa.
- Deposit levels indicate SMEs' access to formal banking services.
- Samoa aims to increase SME financial inclusion as part of its development strategy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding deposits held by small and medium-sized enterprises (SMEs) at commercial banks in Samoa.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financing and liquidity conditions for SMEs, which are crucial for economic growth and development in Samoa.
Q: How is this data collected or calculated?
A: The data is collected through surveys of commercial banks operating in Samoa.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess financial inclusion and credit conditions for SMEs, which are vital for Samoa's economic development strategy.
Q: Are there update delays or limitations?
A: The data may have a delay in reporting due to the survey collection process, and it only represents SME deposits at commercial banks in Samoa.
Related Trends
Private Credit by Deposit Money Banks to GDP for Samoa
DDDI01WSA156NWDB
Number of Identified Exporters to Samoa from Florida
FLWSMA475SCEN
Number of Identified Exporters to Samoa from California
CAWSMA475SCEN
Number of Identified Exporters to Samoa from Massachusetts
MAWSMA475SCEN
Number of Identified Exporters to Samoa from Nebraska
NEWSMA475SCEN
Bank Z-Score for Samoa
DDSI01WSA645NWDB
Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Commercial Banks for Samoa (WSMFCLODCSXDC), retrieved from FRED.