Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Hungary
DDAI04HUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.90
Year-over-Year Change
23.48%
Date Range
1/1/2009 - 1/1/2019
Summary
This economic trend measures the percentage of small firms in Hungary that have a bank loan or line of credit. It provides insight into the financing access and health of the small business sector.
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 Hungary' series tracks the availability of bank financing for small enterprises in the Hungarian economy. This indicator is used by economists and policymakers to assess credit conditions and financing constraints faced by small businesses.
Methodology
The data is collected through surveys of small firms conducted by the World Bank.
Historical Context
Monitoring trends in small business financing is crucial for evaluating the efficacy of policies aimed at promoting entrepreneurship and private sector development.
Key Facts
- Hungary's small firm bank financing rate was 48.4% in 2019.
- Small businesses account for over 99% of enterprises in Hungary.
- Access to credit is a key constraint for small firms in emerging markets.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of small firms in Hungary that have access to bank loans or lines of credit, providing insight into the financing conditions for the small business sector.
Q: Why is this trend relevant for users or analysts?
A: Monitoring small business access to bank financing is crucial for evaluating the effectiveness of policies aimed at promoting entrepreneurship and private sector development.
Q: How is this data collected or calculated?
A: The data is collected through surveys of small firms conducted by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess credit conditions and financing constraints faced by small businesses, which informs policies to support the small firm sector.
Q: Are there update delays or limitations?
A: The data is reported with a lag, and survey coverage may not fully represent the entire small business population in Hungary.
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Citation
U.S. Federal Reserve, Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Hungary (DDAI04HUA156NWDB), retrieved from FRED.