Firms with a Bank Loan or Line of Credit to Total Firms for Hungary
DDAI03HUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.00
Year-over-Year Change
20.93%
Date Range
1/1/2009 - 1/1/2019
Summary
This economic trend measures the percentage of firms in Hungary that have a bank loan or line of credit, providing insight into business access to credit and financial health.
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 businesses in Hungary that utilize bank financing. This metric is used by economists and policymakers to assess the availability of credit to the private sector and identify potential constraints on business investment and growth.
Methodology
The data is collected through enterprise surveys conducted by the World Bank.
Historical Context
This indicator is relevant for understanding the state of Hungary's financial system and credit conditions facing domestic firms.
Key Facts
- Hungary's firm bank loan/credit rate was 47.7% in 2019.
- The rate has fluctuated between 40-50% over the past decade.
- Access to bank financing is a key constraint for many small businesses in Hungary.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of firms in Hungary that have an outstanding loan or line of credit from a financial institution.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of financial inclusion and access to credit for businesses in Hungary, which is a key driver of private investment and economic growth.
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 analysts use this indicator to assess the functioning of Hungary's financial system and identify potential constraints on business access to credit, which can inform policies to promote financial inclusion and private sector development.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in Hungary's credit environment.
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Citation
U.S. Federal Reserve, Firms with a Bank Loan or Line of Credit to Total Firms for Hungary (DDAI03HUA156NWDB), retrieved from FRED.