Use of Financial Services, Assets: Outstanding Loans to Households at Other Deposit Takers for Bangladesh
BGDFCSODDHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
429,674,359,596.60
Year-over-Year Change
208.53%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding loans to households by non-bank financial institutions in Bangladesh. It provides insights into household borrowing and financial inclusion in the country.
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 Other Deposit Takers for Bangladesh tracks the value of loans extended to households by financial institutions other than commercial banks. This metric offers a broader view of household access to credit and financial services beyond the traditional banking system.
Methodology
The data is collected and reported by the Bangladesh Bank, the central bank of Bangladesh.
Historical Context
This trend is used by policymakers and economists to assess financial sector development and financial inclusion in the Bangladeshi economy.
Key Facts
- Bangladesh has a large microfinance sector that serves many unbanked households.
- Outstanding loans to households from non-bank financial institutions have grown rapidly in recent years.
- Financial inclusion remains a key policy priority for the Bangladeshi government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding loans to households made by financial institutions in Bangladesh other than commercial banks, such as microfinance providers and non-bank lenders.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into financial inclusion and access to credit beyond the traditional banking system, which is particularly important in developing economies like Bangladesh with large unbanked populations.
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: Policymakers and economists use this trend to assess progress in financial sector development and expanding access to credit and financial services for households in Bangladesh.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bangladesh Bank, but there may be lags in reporting and potential limitations in coverage of the non-bank financial sector.
Related Trends
Number of Identified Exporters to Bangladesh from Utah
UTBGDA475SCEN
Number of Identified Exporters to Bangladesh from Puerto Rico
PRBGDA475SCEN
Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Bangladesh
BGDFCRODCHANUM
Value of Exports to Bangladesh from New York
NYBGDA052SCEN
Value of Exports to Bangladesh from Missouri
MOBGDA052SCEN
Value of Exports to Bangladesh from Massachusetts
MABGDA052SCEN
Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Other Deposit Takers for Bangladesh (BGDFCSODDHXDC), retrieved from FRED.