Firms with a Bank Loan or Line of Credit to Total Firms for Lao People's Democratic Republic
DDAI03LAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.40
Year-over-Year Change
48.11%
Date Range
1/1/2009 - 1/1/2018
Summary
This economic trend measures the percentage of firms in Lao PDR that have a bank loan or line of credit. It provides insight into the level of access to formal financing sources 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 Lao PDR that utilize bank financing. This metric is useful for assessing the development and inclusiveness of the nation's financial system and its ability to support private sector growth.
Methodology
The data is collected through enterprise surveys conducted by the World Bank.
Historical Context
This trend is relevant for policymakers and analysts examining financial inclusion and the business environment in Lao PDR.
Key Facts
- Lao PDR has one of the lowest rates of firm access to bank financing in Southeast Asia.
- Improving financial inclusion is a key priority for the Lao government's economic development plans.
- Lack of access to credit is cited as a major constraint for small and medium enterprises in Lao PDR.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of firms in Lao PDR that have a bank loan or line of credit, providing insight into the level of access to formal financing sources for businesses in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for assessing the development and inclusiveness of Lao PDR's financial system and its ability to support private sector growth and economic development.
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: This trend is relevant for policymakers and analysts examining financial inclusion and the business environment in Lao PDR, as improving access to credit is a key priority for the government's economic development plans.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timing of the World Bank's enterprise surveys in Lao PDR.
Related Trends
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Lao People's Democratic Republic
DDOI09LAA156NWDB
5-Bank Asset Concentration for Lao People's Democratic Republic
DDOI06LAA156NWDB
Number of Identified Exporters to Lao People's Democratic Republic from Alabama
ALLAOA475SCEN
Number of Identified Exporters to Lao People's Democratic Republic from Rhode Island
RILAOA475SCEN
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Lao People's Democratic Republic
DDOI12LAA156NWDB
Number of Identified Exporters to Lao People's Democratic Republic from Illinois
ILLAOA475SCEN
Citation
U.S. Federal Reserve, Firms with a Bank Loan or Line of Credit to Total Firms for Lao People's Democratic Republic (DDAI03LAA156NWDB), retrieved from FRED.