Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Bangladesh
BGDFCSODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,422,867,124,009.66
Year-over-Year Change
309.47%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding loans to households at commercial banks in Bangladesh. It provides insights into household borrowing patterns and the overall credit activity in the Bangladeshi banking system.
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 Households at Commercial Banks for Bangladesh trend represents the total value of loans extended by commercial banks to individual households in the country. This metric is used by economists and policymakers to gauge the level of household credit access and financial inclusion within the Bangladeshi economy.
Methodology
The data is collected and reported by the Bangladesh Bank, the country's central banking authority.
Historical Context
This trend is closely monitored by economists and financial regulators to assess the health of the consumer credit market and inform policy decisions.
Key Facts
- Bangladesh has a population of over 160 million.
- Commercial banks are a major source of credit for Bangladeshi households.
- Household borrowing patterns reflect economic growth and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans extended by commercial banks to individual households in Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into household borrowing patterns and the overall level of credit activity in the Bangladeshi banking system, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bangladesh Bank, the country's central banking authority.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists and financial regulators to assess the health of the consumer credit market and inform policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the Bangladesh Bank.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Bangladesh (BGDFCSODCHXDC), retrieved from FRED.