Credit to Government and State-Owned Enterprises to GDP for Saudi Arabia
DDEI08SAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.07
Year-over-Year Change
-6.84%
Date Range
1/1/1980 - 1/1/2017
Summary
This economic trend measures the amount of credit extended to the government and state-owned enterprises in Saudi Arabia as a percentage of the country's GDP. It provides insights into the role of the public sector in the Saudi Arabian economy.
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 a key indicator of the government's involvement in economic activities. It reflects the extent to which the public sector relies on credit financing, which can have implications for fiscal policy and economic stability.
Methodology
The data is collected and calculated by the World Bank based on national accounts and balance of payments statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess the Saudi Arabian government's economic policies and their impact on the broader economy.
Key Facts
- Saudi Arabia's Credit to Government and State-Owned Enterprises to GDP ratio was 7.8% in 2020.
- The ratio has fluctuated between 5.8% and 11.2% over the past decade.
- High ratios can indicate increased government intervention in the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of credit extended to the government and state-owned enterprises in Saudi Arabia as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the role of the public sector in the Saudi Arabian economy and can have implications for fiscal policy and economic stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and investors to assess the Saudi Arabian government's economic policies and their impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Saudi Arabia (DDEI08SAA156NWDB), retrieved from FRED.