Use of Financial Services Borrowers: Households Borrowing from Other Financial Intermediaries for Comoros
COMFCRMHPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,237.00
Year-over-Year Change
0.00%
Date Range
1/1/2010 - 1/1/2010
Summary
This economic trend measures household borrowing from non-bank financial intermediaries in Comoros. It provides insights into the use of alternative financial services outside the traditional banking system.
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 Borrowers: Households Borrowing from Other Financial Intermediaries for Comoros metric tracks the volume of loans and credit accessed by households from sources like microfinance institutions, finance companies, and credit unions. This data is valuable for understanding financial inclusion and the role of the non-bank financial sector.
Methodology
The data is collected through surveys and reporting by national statistical agencies.
Historical Context
Policymakers and financial regulators use this trend to monitor the diversity and accessibility of credit options for households.
Key Facts
- Comoros has a large unbanked population.
- Microfinance is an important source of household credit.
- Alternative lenders serve rural and low-income communities.
FAQs
Q: What does this economic trend measure?
A: This metric tracks household borrowing from non-bank financial intermediaries in Comoros, such as microfinance institutions and finance companies.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into financial inclusion and the role of alternative credit sources outside the traditional banking system.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting by national statistical agencies in Comoros.
Q: How is this trend used in economic policy?
A: Policymakers and financial regulators use this trend to monitor the diversity and accessibility of credit options for households.
Q: Are there update delays or limitations?
A: The data may have update lags and could be subject to sampling or reporting limitations common in emerging market statistics.
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Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Households Borrowing from Other Financial Intermediaries for Comoros (COMFCRMHPENUM), retrieved from FRED.