Use of Financial Services, Assets: Outstanding Loans at Other Depository Corporations for Burundi
BDIFCSODXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
832,044,100,000.00
Year-over-Year Change
271.23%
Date Range
1/1/2007 - 1/1/2016
Summary
This trend measures the outstanding loans made by other depository corporations, such as banks, in Burundi. It provides insight into the level of financial services and credit access in the Burundian 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 outstanding loans metric tracks the total value of loans and advances extended by depository institutions in Burundi, excluding the central bank. This indicator is used by economists and policymakers to assess the depth and development of the country's financial system.
Methodology
The data is collected by the Burundi central bank through surveys of commercial banks and other deposit-taking institutions.
Historical Context
This metric informs analysis of financial inclusion, credit conditions, and the overall health of Burundi's banking sector.
Key Facts
- Burundi is a low-income country in East Africa.
- The Burundian banking sector is small and underdeveloped.
- Access to financial services remains limited for many Burundians.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans and advances made by commercial banks and other deposit-taking institutions in Burundi, excluding the central bank.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the depth and development of Burundi's financial system, which is crucial for understanding credit conditions, financial inclusion, and overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Burundi through surveys of commercial banks and other depository corporations operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health and performance of Burundi's banking sector, as well as to inform policies aimed at improving financial access and inclusion.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and publication due to the limited capacity of Burundi's statistical agencies. The coverage and accuracy of the data may also be affected by the small and underdeveloped nature of the country's financial sector.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Depository Corporations for Burundi (BDIFCSODXDC), retrieved from FRED.