Goods and Services: Credit for Ethiopia
ETHBXGSBP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.18
Year-over-Year Change
-14.12%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Goods and Services: Credit for Ethiopia' trend measures the credit extended to the goods and services sectors in Ethiopia as a percentage of GDP. This metric is a key indicator of economic activity and financial sector development.
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
This trend represents the total credit provided to the goods and services sectors in Ethiopia, including manufacturing, trade, and other commercial activities. It is a widely used indicator of financial intermediation and a barometer of private sector access to credit, which is crucial for investment and economic growth.
Methodology
The data is collected and calculated by the National Bank of Ethiopia.
Historical Context
Policymakers and analysts use this trend to assess the health of Ethiopia's financial system and monitor credit conditions for businesses.
Key Facts
- The trend reached a peak of 20.7% of GDP in 2013.
- Credit to the services sector accounts for the majority of the total.
- Access to credit is a key constraint for small and medium enterprises in Ethiopia.
FAQs
Q: What does this economic trend measure?
A: The 'Goods and Services: Credit for Ethiopia' trend measures the total credit extended to the goods and services sectors in Ethiopia as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of financial intermediation and private sector access to credit, which is crucial for investment, economic growth, and private sector development in Ethiopia.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the National Bank of Ethiopia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health of Ethiopia's financial system and monitor credit conditions for businesses, which informs policies aimed at promoting financial inclusion and private sector growth.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical figures as the National Bank of Ethiopia refines its methodology.
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Citation
U.S. Federal Reserve, Goods and Services: Credit for Ethiopia (ETHBXGSBP6GDPPT), retrieved from FRED.