Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for Sweden
CRDQSEAHABIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,331.29
Year-over-Year Change
5.78%
Date Range
10/1/1980 - 10/1/2024
Summary
This economic trend measures total credit provided to households and non-profit institutions serving households in Sweden, adjusted for statistical breaks. It is a key indicator of financial conditions and credit flows in the Swedish 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 Households and Non-Profit Institutions Serving Households metric represents the total amount of credit and loans extended to Swedish households and non-profit organizations. It is an important barometer of consumer access to financing and the overall health of household balance sheets.
Methodology
The data is collected and calculated by the Swedish central bank, Riksbanken, based on reports from financial institutions.
Historical Context
Policymakers and analysts closely monitor this trend to assess domestic credit conditions and their implications for consumer spending, housing markets, and broader economic stability.
Key Facts
- Sweden's household credit-to-GDP ratio is among the highest in Europe.
- Growth in household credit has outpaced GDP in Sweden over the past decade.
- Riksbanken closely monitors household debt levels for financial stability risks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit and loans extended to households and non-profit institutions serving households in Sweden, adjusted for statistical breaks.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of domestic credit conditions and the overall health of household balance sheets, which have important implications for consumer spending, housing markets, and broader economic stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Swedish central bank, Riksbanken, based on reports from financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess domestic credit conditions and their potential impacts on the Swedish economy.
Q: Are there update delays or limitations?
A: The data is published with a delay by Riksbanken, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for Sweden (CRDQSEAHABIS), retrieved from FRED.