Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Anguilla
AIAFCSODCXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
638,849,000.00
Year-over-Year Change
179.13%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding loans at commercial banks for Anguilla, providing insights into the use of financial services and assets in the island's economy.
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, Assets: Outstanding Loans at Commercial Banks for Anguilla metric tracks the total value of outstanding loans issued by commercial banks operating in Anguilla. This data point is a key indicator of financial intermediation and economic activity within the island's banking sector.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its FRED economic data repository.
Historical Context
This trend is used by economists, policymakers, and market analysts to assess the health and growth of Anguilla's financial system and broader economic conditions.
Key Facts
- Anguilla is a British Overseas Territory in the Caribbean.
- Commercial banks are a key source of financing for businesses and individuals in Anguilla.
- The outstanding loans metric reflects the level of credit and economic activity in the island's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans issued by commercial banks operating in Anguilla, providing insights into the use of financial services and assets in the island's economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of financial intermediation and economic activity within Anguilla's banking sector, making it relevant for economists, policymakers, and market analysts assessing the health and growth of the island's financial system and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve through its FRED economic data repository.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to assess the health and growth of Anguilla's financial system and broader economic conditions, informing policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and potential limitations of the U.S. Federal Reserve's FRED repository.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Anguilla (AIAFCSODCXDC), retrieved from FRED.