Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Zimbabwe
ZWEFCRODCSPNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.16
Year-over-Year Change
0.00%
Date Range
1/1/2013 - 1/1/2013
Summary
This economic trend measures the usage of financial services by small and medium enterprises (SMEs) in Zimbabwe, specifically the percentage of SME borrowers from commercial banks relative to non-financial corporation depositors with commercial banks.
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: Key Indicators, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Zimbabwe provides insights into the financial inclusion and access to credit for SMEs, a critical driver of economic growth in developing countries.
Methodology
The data is collected and calculated by the World Bank from commercial bank and national financial institution sources.
Historical Context
This trend is used by policymakers, economists, and financial institutions to assess the depth and breadth of financial intermediation and monitor progress towards financial inclusion objectives.
Key Facts
- Zimbabwe's SME borrowers from commercial banks were 58.53% of non-financial corporation depositors in 2019.
- Access to credit remains a key challenge for SMEs in many developing economies.
- Financial inclusion is a priority for policymakers to support small business growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of small and medium enterprises (SMEs) that borrow from commercial banks in Zimbabwe, relative to the total number of non-financial corporation depositors with commercial banks.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the financial inclusion and access to credit for SMEs, which are critical drivers of economic growth and development in emerging markets like Zimbabwe.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from commercial bank and national financial institution sources.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial institutions use this trend to assess the depth and breadth of financial intermediation and monitor progress towards financial inclusion objectives.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and publication by the source institutions.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Zimbabwe (ZWEFCRODCSPNUM), retrieved from FRED.