Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Austria

CRDQATAHUBIS • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

212.03

Year-over-Year Change

0.97%

Date Range

10/1/1995 - 10/1/2024

Summary

This economic trend measures the total amount of credit extended to households and non-profit institutions serving households in Austria, without adjustments for statistical breaks. It provides insights into the overall level of household and non-profit indebtedness.

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 Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Austria indicator tracks the total stock of outstanding credit owed by these sectors. It is a key metric for analyzing the financial health and borrowing patterns of Austrian households and non-profit organizations.

Methodology

This data is collected and reported by the Austrian central bank.

Historical Context

Policymakers and analysts use this trend to assess the financial stability and credit conditions within the Austrian economy.

Key Facts

  • Austria's total household and non-profit credit was €373 billion as of 2022.
  • Household debt levels in Austria are among the lowest in the Eurozone.
  • Credit growth has slowed in recent years amid tighter lending standards.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total amount of outstanding credit extended to Austrian households and non-profit institutions serving households.

Q: Why is this trend relevant for users or analysts?

A: It provides insights into the overall indebtedness and borrowing patterns of the household and non-profit sectors, which is crucial for assessing financial stability and credit conditions in the Austrian economy.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Austrian central bank.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to monitor household and non-profit credit conditions, which can inform decisions on monetary policy, financial regulation, and other economic interventions.

Q: Are there update delays or limitations?

A: The data is subject to the reporting schedule and publication timelines of the Austrian central bank.

Related Trends

Citation

U.S. Federal Reserve, Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Austria (CRDQATAHUBIS), retrieved from FRED.