Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Argentina
ARGFCRODCSPNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.54
Year-over-Year Change
89.96%
Date Range
1/1/2012 - 1/1/2014
Summary
This economic indicator tracks the percentage of non-financial corporation depositors with commercial banks in Argentina that are small and medium-sized enterprise (SME) borrowers. It provides insights into the use of financial services by SMEs, a critical segment of the 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: Key Indicators, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Argentina' series measures the share of SME borrowers among all non-financial corporation depositors with commercial banks. This data point is used to analyze the access to and utilization of banking services by smaller businesses in the Argentine economy.
Methodology
The data is collected by the Central Bank of Argentina through surveys of commercial banks.
Historical Context
This indicator is relevant for policymakers and analysts seeking to understand the financial inclusion and credit access of SMEs, which are vital for economic growth and development.
Key Facts
- SMEs account for over 99% of businesses in Argentina.
- Access to credit is a key challenge for many Argentine SMEs.
- This indicator tracks an important metric of financial inclusion for smaller enterprises.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of non-financial corporation depositors with commercial banks in Argentina that are small and medium-sized enterprise (SME) borrowers.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the financial inclusion and credit access of SMEs, which are vital for economic growth and development in Argentina.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Argentina through surveys of commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to understand the financial inclusion and credit access of SMEs, which are crucial for supporting small businesses and promoting economic development.
Q: Are there update delays or limitations?
A: The data may be subject to update delays or limitations inherent in survey-based collection methods.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Argentina (ARGFCRODCSPNUM), retrieved from FRED.