Firms with a Bank Loan or Line of Credit to Total Firms for Argentina
DDAI03ARA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.40
Year-over-Year Change
7.61%
Date Range
1/1/2006 - 1/1/2017
Summary
This economic trend measures the percentage of firms in Argentina that have a bank loan or line of credit. It provides insight into the access to formal financial services for businesses in the country.
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 'Firms with a Bank Loan or Line of Credit to Total Firms' indicator represents the share of firms in Argentina that utilize bank financing. This metric is used by economists and policymakers to assess the depth of the country's financial sector and the ability of businesses to obtain credit.
Methodology
The data is collected through enterprise surveys conducted by the World Bank.
Historical Context
This trend is relevant for analyzing financial inclusion and the overall business environment in Argentina.
Key Facts
- The latest value for this trend is 49.7% (2017).
- Argentina's rate is below the global average of 54.7%.
- Access to credit is a key constraint for small and medium enterprises in Argentina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of firms in Argentina that have a bank loan or line of credit, providing insight into the country's financial inclusion for businesses.
Q: Why is this trend relevant for users or analysts?
A: This indicator is useful for assessing the depth of Argentina's financial sector and the ability of businesses to access formal credit, which is an important factor in the overall business environment.
Q: How is this data collected or calculated?
A: The data is collected through enterprise surveys conducted by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate financial inclusion and the accessibility of credit for businesses in Argentina, which can inform policies aimed at supporting the country's private sector development.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the latest available value may not reflect the most current situation in Argentina's business credit market.
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Citation
U.S. Federal Reserve, Firms with a Bank Loan or Line of Credit to Total Firms for Argentina (DDAI03ARA156NWDB), retrieved from FRED.