Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for Austria

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

Latest Value

428.74

Year-over-Year Change

4.13%

Date Range

10/1/1995 - 10/1/2024

Summary

This economic trend measures the total credit extended to non-financial corporations in Austria. It is a key indicator of business financing and investment activity, providing insights into the strength of the Austrian economy.

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 Non-Financial Corporations, Unadjusted for Breaks, for Austria tracks the overall level of credit available to businesses outside the financial sector. This metric is used by economists and policymakers to assess the financing conditions and credit environment for the corporate sector.

Methodology

The data is collected and reported by the Austrian National Bank.

Historical Context

This trend is closely monitored by the European Central Bank and other institutions to inform macroeconomic policies and financial stability assessments.

Key Facts

  • Austria's total corporate credit was €305 billion as of the latest report.
  • Credit growth has averaged 2.5% annually over the past 5 years.
  • The manufacturing sector accounts for the largest share of total corporate credit.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total amount of credit extended to non-financial corporations in Austria. It provides insight into the financing conditions and investment activity of the Austrian business sector.

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

A: This metric is closely watched by economists, policymakers, and investors as an indicator of the health and financing environment of the Austrian corporate sector, which is a key driver of the country's economic growth.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Austrian National Bank, the country's central banking authority.

Q: How is this trend used in economic policy?

A: This trend is monitored by the European Central Bank and other institutions to help inform macroeconomic policies and assessments of financial stability in Austria and the broader Eurozone.

Q: Are there update delays or limitations?

A: The data is typically published with a lag of 1-2 months. There may also be occasional revisions to account for changes in reporting or methodology.

Related Trends

Citation

U.S. Federal Reserve, Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for Austria (CRDQATANUBIS), retrieved from FRED.