Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises Loans from Commercial Banks for Bosnia and Herzegovina
BIHFCSODCSGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.96
Year-over-Year Change
-26.50%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the outstanding small and medium enterprise (SME) loans from commercial banks in Bosnia and Herzegovina as a percentage of GDP. It provides insight into the financing environment for small businesses, a key driver of economic growth.
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 SME loans indicator represents the total value of loans extended by commercial banks to small and medium-sized enterprises in Bosnia and Herzegovina. This metric is used by economists and policymakers to assess the availability of credit and financial services to the SME sector, which is crucial for private sector development and job creation.
Methodology
The data is collected by the Central Bank of Bosnia and Herzegovina through surveys of commercial banks operating in the country.
Historical Context
Trends in SME lending are closely monitored by economic and financial authorities to inform policies aimed at improving access to finance for small businesses.
Key Facts
- SMEs account for over 60% of employment in Bosnia and Herzegovina.
- Outstanding SME loans were 12.4% of GDP in 2021.
- SME lending has grown by an average of 5% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding loans from commercial banks to small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the availability of credit and financial services to the SME sector, which is crucial for private sector development and economic growth in Bosnia and Herzegovina.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Bosnia and Herzegovina through surveys of commercial banks operating in the country.
Q: How is this trend used in economic policy?
A: Trends in SME lending are closely monitored by economic and financial authorities to inform policies aimed at improving access to finance for small businesses in Bosnia and Herzegovina.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises Loans from Commercial Banks for Bosnia and Herzegovina (BIHFCSODCSGGDPPT), retrieved from FRED.