Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Ireland
CRDQIEAPUBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
798.38
Year-over-Year Change
-1.49%
Date Range
4/1/1971 - 10/1/2024
Summary
This economic trend measures the total credit extended to the private non-financial sector in Ireland, without adjustments for statistical breaks in the data series. It provides insights into the financing conditions and credit availability in the Irish 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 the private non-financial sector is a key indicator of financial intermediation and economic activity. It represents the outstanding amount of credit provided by financial institutions, such as banks, to households and non-financial businesses in Ireland.
Methodology
The data is collected and compiled by the Bank for International Settlements (BIS) based on information reported by the Central Bank of Ireland.
Historical Context
This trend is closely monitored by policymakers, central banks, and financial analysts to assess the level of private sector credit and its implications for economic stability and growth.
Key Facts
- The data is reported in billions of euros.
- Ireland's private sector credit has fluctuated significantly since the global financial crisis.
- Monitoring this trend is crucial for understanding the health of the Irish financial system.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit extended to the private non-financial sector in Ireland, including loans and debt securities, without adjustments for statistical breaks in the data.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the financing conditions and credit availability for households and businesses in Ireland, which is crucial for assessing the overall health and stability of the Irish economy.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Bank for International Settlements (BIS) based on information reported by the Central Bank of Ireland.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and financial analysts closely monitor this trend to evaluate the level of private sector credit and its implications for economic stability, growth, and the effectiveness of monetary and financial policies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodological changes of the Bank for International Settlements and the Central Bank of Ireland, which may result in occasional delays or revisions to the published figures.
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Citation
U.S. Federal Reserve, Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Ireland (CRDQIEAPUBIS), retrieved from FRED.