Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Barbados
BRBFCSODDXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
810,255,613.48
Year-over-Year Change
-20.02%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding loans made by other deposit-taking institutions in Barbados. It provides insight into the credit and financing activities of the nation's financial sector.
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 at Other Deposit Takers for Barbados tracks the total value of loans extended by non-bank financial institutions in the country. This metric offers a window into the lending practices and credit conditions within Barbados' broader financial system.
Methodology
The data is collected through surveys of deposit-taking institutions in Barbados, excluding commercial banks.
Historical Context
This trend is used by economists and policymakers to analyze credit market dynamics and financial stability in the Barbadian economy.
Key Facts
- Barbados has a diversified financial sector beyond commercial banks.
- Non-bank lending can indicate credit conditions and economic growth.
- Loan trends provide insights into business and consumer financing.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total value of outstanding loans made by deposit-taking institutions in Barbados, excluding commercial banks.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insight into credit conditions and financing activities within Barbados' broader financial system, beyond just commercial banking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of deposit-taking institutions in Barbados, excluding commercial banks.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze credit market dynamics and financial stability in the Barbadian economy.
Q: Are there update delays or limitations?
A: The data may have some delay in reporting and may not capture all non-bank lending activities in Barbados.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Barbados (BRBFCSODDXDC), retrieved from FRED.