Use of Financial Services: Number of Loan Accounts for Households at Other Financial Intermediaries for Fiji
FJIFCNMHNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,889.00
Year-over-Year Change
-42.29%
Date Range
1/1/2004 - 1/1/2013
Summary
This economic trend measures the number of loan accounts held by households with other financial intermediaries in Fiji. It provides insights into household financial behavior and access to credit.
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 'Use of Financial Services: Number of Loan Accounts for Households at Other Financial Intermediaries for Fiji' series tracks the total number of loan accounts maintained by Fijian households with financial institutions other than banks or credit unions. This data is used by economists and policymakers to analyze trends in household credit access and financial inclusion.
Methodology
The data is collected through surveys and reports from Fiji's financial institutions.
Historical Context
This trend is relevant for understanding financial market dynamics and informing policy decisions related to household credit and financial sector development.
Key Facts
- Fiji is a Pacific island nation with a population of over 900,000.
- Other financial intermediaries in Fiji include finance companies, microfinance institutions, and cooperative societies.
- Access to credit is an important indicator of financial inclusion and economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of loan accounts held by Fijian households with financial institutions other than banks or credit unions, providing insights into household access to credit.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding financial market dynamics and informing policy decisions related to household credit and financial sector development in Fiji.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from Fiji's financial institutions.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze trends in household credit access and financial inclusion, which can inform policies aimed at promoting financial sector development and inclusive growth.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and can be affected by changes in financial institution reporting requirements or survey methodologies.
Related Trends
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NYFJIA052SCEN
Value of Exports to Fiji from Utah
UTFJIA052SCEN
Non-Life Insurance Premium Volume to GDP for Fiji
DDDI10FJA156NWDB
Credit to Government and State-Owned Enterprises to GDP for Fiji
DDEI08FJA156NWDB
Central Bank Assets to GDP for Fiji
DDDI06FJA156NWDB
Non-Bank Financial Institutions' Assets to GDP for Fiji
DDDI03FJA156NWDB
Citation
U.S. Federal Reserve, Use of Financial Services: Number of Loan Accounts for Households at Other Financial Intermediaries for Fiji (FJIFCNMHNUM), retrieved from FRED.