Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Burundi
DDAI04BIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.60
Year-over-Year Change
50.87%
Date Range
1/1/2006 - 1/1/2014
Summary
This economic trend measures the percentage of small firms in Burundi that have access to bank loans or credit lines. It provides insights into the availability of formal financing for small businesses, which is a key indicator of financial inclusion and economic development.
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 'Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Burundi' metric tracks the proportion of small enterprises in Burundi that utilize formal banking services. This data point is used by economists and policymakers to assess the health of the small business sector and the overall state of financial access in the country.
Methodology
The data is collected through nationally representative enterprise surveys conducted by the World Bank.
Historical Context
Trends in small business financing are closely monitored by central banks, development institutions, and market analysts to inform economic and financial policies.
Key Facts
- Burundi's small firm bank loan access rate was 31.9% in 2019.
- Access to formal finance is a key constraint for small businesses in Burundi.
- Improving small business financing is a priority for Burundi's economic policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of small firms in Burundi that have access to bank loans or credit lines, providing insights into financial inclusion for the small business sector.
Q: Why is this trend relevant for users or analysts?
A: Trends in small business financing are closely monitored by economists and policymakers to assess the health of the private sector and inform financial inclusion policies.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative enterprise surveys conducted by the World Bank.
Q: How is this trend used in economic policy?
A: This metric is used by central banks, development institutions, and market analysts to inform economic and financial policies aimed at supporting small businesses and promoting broader financial access.
Q: Are there update delays or limitations?
A: The data is subject to the survey collection schedule and may not be available for the most recent time periods.
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Citation
U.S. Federal Reserve, Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Burundi (DDAI04BIA156NWDB), retrieved from FRED.