Use of Financial Services, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Comoros
COMFCSMHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,665,000,000.00
Year-over-Year Change
0.00%
Date Range
1/1/2010 - 1/1/2010
Summary
This economic trend measures the outstanding loans to households held by other financial intermediaries in Comoros. It provides insight into the level of household credit and financial services usage 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 Financial Intermediaries for Comoros metric tracks the total value of loans made by non-bank financial institutions to households in the Comoros. This indicator offers a window into the depth of financial intermediation and credit access for Comorian consumers.
Methodology
The data is collected and reported by the Central Bank of Comoros.
Historical Context
Policymakers and analysts use this trend to assess the development of the financial sector and household access to credit in Comoros.
Key Facts
- Comoros is a lower-middle-income country in East Africa.
- The financial sector in Comoros is relatively underdeveloped.
- Household debt levels remain low compared to other African nations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans made by non-bank financial institutions to households in Comoros.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth of financial intermediation and credit access for Comorian consumers, which is important for understanding the development of the country's financial sector.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Comoros.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess household access to credit and the overall development of the financial sector in Comoros.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays by the Central Bank of Comoros.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Comoros (COMFCSMHXDC), retrieved from FRED.