Credit to Government and State-Owned Enterprises to GDP for Ireland
DDEI08IEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.22
Year-over-Year Change
183.67%
Date Range
1/1/1980 - 1/1/2020
Summary
This trend measures the ratio of credit extended to the government and state-owned enterprises as a percentage of Ireland's gross domestic product (GDP). It provides insights into the government's reliance on credit financing and its implications for fiscal policy and macroeconomic stability.
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 Credit to Government and State-Owned Enterprises to GDP ratio is an important indicator of a country's fiscal position and the government's role in the economy. It reflects the extent to which the government and state-owned enterprises rely on credit, which can have significant implications for debt sustainability, crowding out of private investment, and overall economic performance.
Methodology
The data is collected and calculated by the World Bank using information from national sources.
Historical Context
Policymakers and analysts use this trend to assess the government's fiscal position and the potential risks to macroeconomic stability.
Key Facts
- Ireland's Credit to Government and State-Owned Enterprises to GDP ratio was 25.9% in 2020.
- The ratio has increased from 15.4% in 2010, indicating a growing reliance on credit financing.
- High levels of this ratio can signal fiscal vulnerabilities and crowding out of private investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of credit extended to the government and state-owned enterprises as a percentage of Ireland's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The Credit to Government and State-Owned Enterprises to GDP ratio is an important indicator of a country's fiscal position and the government's role in the economy, with implications for debt sustainability, private investment, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information from national sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the government's fiscal position and the potential risks to macroeconomic stability, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of information from national sources, which may result in occasional update delays or limitations.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Ireland (DDEI08IEA156NWDB), retrieved from FRED.