Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Non-deposit Taking Microfinance Institutions (MFIs) for Albania
ALBFCSMMFSXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
278,233,302.75
Year-over-Year Change
29.04%
Date Range
1/1/2010 - 1/1/2015
Summary
This economic trend measures the outstanding loans to small and medium enterprises (SMEs) provided by non-deposit taking microfinance institutions (MFIs) in Albania. It is an important indicator of credit availability and financial inclusion for the SME sector.
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 to SMEs at non-deposit taking MFIs in Albania reflects the ability of smaller enterprises to access financing through alternative financial service providers. This data point is used to assess the depth and breadth of financial intermediation in the country.
Methodology
The data is collected through surveys of non-deposit taking MFIs operating in Albania.
Historical Context
Policymakers and analysts use this indicator to monitor the financing conditions for small businesses and the overall development of the microfinance sector.
Key Facts
- Albania has over 100 non-deposit taking MFIs.
- SMEs account for 99% of businesses in Albania.
- Microfinance is a key source of credit for Albanian SMEs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding loans provided to small and medium enterprises (SMEs) by non-deposit taking microfinance institutions (MFIs) in Albania.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for assessing the availability of financing and financial inclusion for the SME sector in Albania, which is critical for economic development.
Q: How is this data collected or calculated?
A: The data is collected through surveys of non-deposit taking MFIs operating in Albania.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor the financing conditions for small businesses and the overall development of the microfinance sector in Albania.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags by surveyed MFIs, and may not capture all non-deposit taking institutions in the country.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Non-deposit Taking Microfinance Institutions (MFIs) for Albania (ALBFCSMMFSXDC), retrieved from FRED.