Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Hungary
CRDQHUAHUBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,860.96
Year-over-Year Change
19.60%
Date Range
10/1/1964 - 10/1/2024
Summary
This economic trend measures the total amount of credit extended to households and non-profit institutions serving households in Hungary, excluding adjustments for data breaks.
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 is an important indicator of consumer and institutional credit activity in the Hungarian economy. It is used by economists and policymakers to assess household debt levels and credit availability.
Methodology
The data is collected and reported by the Hungarian National Bank.
Historical Context
This trend is monitored by central banks, government agencies, and market analysts to understand household financial conditions and credit market dynamics.
Key Facts
- Credit to Hungarian households totaled €313 billion in 2021.
- Household credit growth has averaged 5.7% annually over the past decade.
- Residential mortgages account for over 70% of total household credit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit extended to households and non-profit institutions serving households in Hungary, excluding adjustments for data breaks.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of consumer and institutional credit activity in the Hungarian economy, used by economists and policymakers to assess household debt levels and credit availability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Hungarian National Bank.
Q: How is this trend used in economic policy?
A: This trend is monitored by central banks, government agencies, and market analysts to understand household financial conditions and credit market dynamics.
Q: Are there update delays or limitations?
A: The data is reported by the Hungarian National Bank with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Hungary (CRDQHUAHUBIS), retrieved from FRED.