Use of Financial Services, Assets: Outstanding Loans at Other Other Financial Intermediaries for Albania
ALBFCSMOXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,564,104,700.00
Year-over-Year Change
217.79%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the outstanding loans at other financial intermediaries in Albania, providing insights into the country's financial services and asset utilization.
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 Other Other Financial Intermediaries for Albania trend represents the total value of loans held by financial institutions in Albania, excluding banks. This data is used by economists and policymakers to assess the overall health and activity of the non-banking financial sector.
Methodology
The data is collected by the Bank of Albania through surveys and regulatory reporting.
Historical Context
This trend is relevant for understanding the depth and diversification of Albania's financial system, which is crucial for economic development and growth.
Key Facts
- Albania's non-bank financial sector has grown steadily in recent years.
- Outstanding loans at other financial intermediaries represent a significant portion of Albania's financial assets.
- Monitoring this trend helps policymakers assess the diversification and resilience of Albania's financial system.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans held by financial institutions in Albania, excluding commercial banks. It provides insights into the non-banking financial sector's activity and asset utilization.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the depth and diversification of Albania's financial system, which is crucial for supporting economic development and growth. It helps economists and policymakers assess the overall health and activity of the non-banking financial sector.
Q: How is this data collected or calculated?
A: The data is collected by the Bank of Albania through surveys and regulatory reporting from financial institutions.
Q: How is this trend used in economic policy?
A: Monitoring this trend helps policymakers evaluate the strength and resilience of Albania's financial system, which is essential for supporting economic stability and growth. It provides insights into the non-banking financial sector's activity and contribution to the overall economy.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and processes of the Bank of Albania, which may result in occasional delays in availability. Users should consult the source for the most up-to-date information and any known limitations.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Other Financial Intermediaries for Albania (ALBFCSMOXDC), retrieved from FRED.