Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Madagascar
DDAI04MGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
-74.83%
Date Range
1/1/2009 - 1/1/2013
Summary
This economic trend measures the share of small firms in Madagascar that have access to bank loans or credit lines. It provides insight into the financial inclusion and access to capital for small 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 'Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Madagascar' metric represents the percentage of small enterprises in Madagascar that utilize formal banking services such as loans or credit facilities. This data point is used to assess the depth of financial intermediation and access to finance for the small business sector.
Methodology
The data is collected through enterprise surveys conducted by the World Bank.
Historical Context
This metric is relevant for policymakers and economists seeking to understand the financial environment and development of the small business sector in Madagascar.
Key Facts
- Madagascar's small firm credit access rate was 9.5% in 2019.
- Small businesses make up over 90% of firms in Madagascar.
- Access to finance is a major constraint for small enterprises in Madagascar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of small firms in Madagascar that have access to bank loans or credit lines, providing insight into financial inclusion for the small business sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the depth of financial intermediation and access to capital for small enterprises, which are crucial for economic development and job creation in Madagascar.
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 metric to assess the financial environment and inform policies aimed at improving access to finance for small businesses in Madagascar.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the survey coverage may not fully represent all small firms in Madagascar.
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Citation
U.S. Federal Reserve, Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Madagascar (DDAI04MGA156NWDB), retrieved from FRED.