Credit to Government and State-Owned Enterprises to GDP for Jamaica
DDEI08JMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.71
Year-over-Year Change
-23.93%
Date Range
1/1/1980 - 1/1/2020
Summary
This economic trend measures the total credit extended to the Jamaican government and state-owned enterprises as a percentage of the country's GDP. It provides insight into the level of government and public sector financing.
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 indicator represents the financial resources provided to the public sector, including loans, purchases of nonequity securities, and trade credits and other accounts receivable that establish a claim for repayment. This metric is used by economists and policymakers to assess the size and role of the public sector in the Jamaican economy.
Methodology
The data is collected and calculated by the World Bank using national accounts and government finance statistics.
Historical Context
This indicator is relevant for understanding fiscal policy, government financing, and the overall role of the public sector in Jamaica's economic development.
Key Facts
- Jamaica's credit to government and state-owned enterprises was 37.7% of GDP in 2020.
- This indicator has remained relatively stable in Jamaica over the past decade.
- High levels of public sector financing can impact private investment and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total credit extended to the Jamaican government and state-owned enterprises as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the size and role of the public sector in the Jamaican economy, which is relevant for understanding fiscal policy, government financing, and economic development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and government finance statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to assess the level of government and public sector financing in Jamaica, which can impact private investment and economic growth.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delays in the most recent year's information.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Jamaica (DDEI08JMA156NWDB), retrieved from FRED.