Firms with a Bank Loan or Line of Credit to Total Firms for Chad
DDAI03TDA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
-41.75%
Date Range
1/1/2009 - 1/1/2018
Summary
This economic trend measures the percentage of firms in Chad that have a bank loan or line of credit. It provides insights into access to formal financial services for businesses in the country.
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 'Firms with a Bank Loan or Line of Credit to Total Firms' metric tracks the availability of commercial bank financing for private enterprises in Chad. It is a key indicator of financial inclusion and the development of the country's banking sector.
Methodology
The data is collected through enterprise surveys conducted by the World Bank.
Historical Context
Policymakers and economists use this indicator to assess financial market conditions and monitor progress towards improving access to credit for businesses.
Key Facts
- Indicator ranges from 0 to 100%
- Chad's latest value is 16.1%
- Global average is 38.5%
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of firms in Chad that have access to bank loans or credit lines, providing insights into financial inclusion for private enterprises.
Q: Why is this trend relevant for users or analysts?
A: The availability of commercial bank financing for businesses is a key measure of financial sector development and a determinant of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through enterprise surveys conducted by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess financial market conditions and monitor progress towards improving access to credit for private firms.
Q: Are there update delays or limitations?
A: The data is subject to the survey schedule and may not be available for all countries or time periods.
Related Trends
Number of Identified Exporters to Chad from Puerto Rico
PRTCDA475SCEN
Number of Identified Exporters to Chad from North Dakota
NDTCDA475SCEN
Consumer Prices: All Items for Chad
TCDPCPIPCPPPT
Credit to Government and State-Owned Enterprises to GDP for Chad
DDEI08TDA156NWDB
Gross Domestic Product Per Capita for Chad
PCAGDPTDA646NWDB
Number of Identified Exporters to Chad from Massachusetts
MATCDA475SCEN
Citation
U.S. Federal Reserve, Firms with a Bank Loan or Line of Credit to Total Firms for Chad (DDAI03TDA156NWDB), retrieved from FRED.