Use of Financial Services Borrowers: Households Borrowing from Other Financial Intermediaries for Bosnia and Herzegovina
BIHFCRMHPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
273,573.00
Year-over-Year Change
120.97%
Date Range
1/1/2007 - 1/1/2017
Summary
This economic trend measures the use of financial services by households in Bosnia and Herzegovina, specifically the borrowing from other financial intermediaries. It provides insights into the financial behavior and access to credit 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 Borrowers: Households Borrowing from Other Financial Intermediaries for Bosnia and Herzegovina' trend represents the level of household borrowing from non-bank financial institutions in the country. This data is used by economists and policymakers to assess the financial inclusion and access to alternative credit sources for households.
Methodology
The data is collected through surveys and reporting by financial institutions in Bosnia and Herzegovina.
Historical Context
This trend is relevant for understanding the overall financial landscape and credit dynamics in the Bosnian economy.
Key Facts
- Bosnia and Herzegovina has a population of approximately 3.3 million.
- The country's GDP per capita was around $6,200 in 2020.
- The financial sector in Bosnia and Herzegovina is still developing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the level of household borrowing from non-bank financial institutions, such as microfinance organizations and other alternative lenders, in Bosnia and Herzegovina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the financial inclusion and access to credit for households in Bosnia and Herzegovina, which is important for understanding the overall financial landscape and credit dynamics in the country.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting by financial institutions in Bosnia and Herzegovina.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the financial inclusion and access to alternative credit sources for households, which can inform policies aimed at improving financial access and stability.
Q: Are there update delays or limitations?
A: The data may be subject to update delays or limitations due to the evolving nature of the financial sector in Bosnia and Herzegovina.
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Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Households Borrowing from Other Financial Intermediaries for Bosnia and Herzegovina (BIHFCRMHPENUM), retrieved from FRED.