Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks to Households for Kosovo
KOSFCSODCHGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.83
Year-over-Year Change
76.79%
Date Range
1/1/2008 - 1/1/2023
Summary
This economic trend measures the use of financial services in Kosovo, specifically the outstanding loans from commercial banks to households as a percentage of GDP.
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 from commercial banks to households in Kosovo provide insight into the level of household credit and financial intermediation within the economy. This indicator is used by economists and policymakers to assess the development and accessibility of the financial sector.
Methodology
The data is collected by the Central Bank of Kosovo and calculated as a percentage of GDP.
Historical Context
This trend is relevant for understanding Kosovo's financial market conditions and informing economic policies.
Key Facts
- Kosovo's outstanding loans from commercial banks to households were 12.7% of GDP in 2020.
- Household credit has grown steadily in Kosovo since the early 2000s.
- The financial sector in Kosovo is still developing compared to other European economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding loans from commercial banks to households in Kosovo as a percentage of GDP, providing insight into the level of household credit and financial intermediation.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the development and accessibility of the financial sector in Kosovo, which is important for economic policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Kosovo and calculated as a percentage of GDP.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the conditions of Kosovo's financial market and inform economic policies aimed at promoting financial sector development.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule of the Central Bank of Kosovo, and may have lags or limitations compared to more developed financial systems.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks to Households for Kosovo (KOSFCSODCHGGDPPT), retrieved from FRED.