Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Czech Republic

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

Latest Value

3,851.74

Year-over-Year Change

17.69%

Date Range

1/1/1993 - 10/1/2024

Summary

This economic indicator measures the amount of credit extended by domestic banks to the private non-financial sector in the Czech Republic. It provides insights into the level of financial intermediation and private sector access to credit in the Czech 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 Credit to Private Non-Financial Sector by Domestic Banks series tracks the outstanding value of loans and other credit instruments provided by Czech banks to private companies and households. This metric is widely used by economists and policymakers to assess the health and stability of the Czech financial system.

Methodology

The data is collected and reported by the Czech National Bank based on reports from domestic banking institutions.

Historical Context

This credit measure is a key input for analyzing monetary policy effectiveness and financial sector development in the Czech Republic.

Key Facts

  • Credit to the Czech private sector totaled over $160 billion as of the latest data.
  • Domestic bank lending accounts for over 50% of total credit in the Czech economy.
  • Credit growth has averaged 5% annually over the past decade in the Czech Republic.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total amount of credit and loans extended by domestic banks to the private non-financial sector in the Czech Republic.

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

A: This credit metric provides important insights into the level of financial intermediation and private sector access to financing in the Czech economy, which are key factors for economic growth and stability.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Czech National Bank based on reports from domestic banking institutions.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this credit indicator to assess the effectiveness of monetary policy and the overall health of the Czech financial system.

Q: Are there update delays or limitations?

A: The data is published with a lag of a few months, and may be subject to revisions by the Czech National Bank.

Related Trends

Citation

U.S. Federal Reserve, Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Czech Republic (CRDQCZBPUBIS), retrieved from FRED.