Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Other Financial Intermediaries for Bangladesh
BGDFCSMSXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,968,775,600.00
Year-over-Year Change
2628.10%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the outstanding loans to small and medium enterprises (SMEs) at other financial intermediaries in Bangladesh. It provides insights into the availability of financing for this key sector of the Bangladeshi 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 to Small and Medium Enterprises at Other Financial Intermediaries for Bangladesh series tracks the total value of outstanding loans extended by non-bank financial institutions to small and medium-sized businesses in the country. This metric is used by economists and policymakers to assess the financial health and access to credit for the SME sector, which is crucial for economic growth and development.
Methodology
The data is collected and reported by the Bangladesh Bank, the country's central bank.
Historical Context
This trend is closely monitored by economists, lenders, and policymakers to gauge the financing conditions for SMEs in Bangladesh and inform economic policies.
Key Facts
- Bangladesh's SME sector accounts for over 25% of GDP.
- Outstanding SME loans at non-bank institutions totaled $10.2 billion in 2021.
- SME lending grew by 8.4% year-over-year in Bangladesh in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans extended by non-bank financial institutions to small and medium-sized enterprises (SMEs) in Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the availability of financing for the SME sector, which is a crucial driver of economic growth and development in Bangladesh.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bangladesh Bank, the country's central bank.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to gauge the financing conditions for SMEs and inform policies aimed at promoting access to credit and supporting the growth of small and medium-sized businesses.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Bangladesh Bank, with occasional delays or revisions due to the nature of data collection and reporting.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Other Financial Intermediaries for Bangladesh (BGDFCSMSXDC), retrieved from FRED.