Use of Financial Services Borrowers: Persons Borrowing from Commercial Banks for Croatia
HRVFCRODCPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,700,953.00
Year-over-Year Change
-30.63%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the number of persons borrowing from commercial banks in Croatia. It provides insight into the utilization of financial services and lending patterns within the Croatian 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 'Use of Financial Services Borrowers: Persons Borrowing from Commercial Banks for Croatia' indicator tracks the total number of individuals who have obtained loans or credit from commercial banks operating in Croatia. This metric is useful for analyzing consumer and business demand for financing and credit conditions within the Croatian financial system.
Methodology
The data is collected through surveys and reporting from commercial banks in Croatia.
Historical Context
This trend is relevant for policymakers, economists, and financial analysts studying credit access, financial inclusion, and the broader performance of the Croatian banking sector.
Key Facts
- Croatia has over 20 commercial banks operating within its borders.
- The total number of persons borrowing from Croatian commercial banks exceeded 1.2 million in 2021.
- Lending to individuals accounts for over 60% of total commercial bank assets in Croatia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals who have obtained loans or credit from commercial banks operating in Croatia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer and business demand for financing, as well as overall credit conditions within the Croatian financial system.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from commercial banks in Croatia.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial analysts use this trend to study credit access, financial inclusion, and the performance of the Croatian banking sector.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all lending activity within the Croatian economy.
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Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Persons Borrowing from Commercial Banks for Croatia (HRVFCRODCPENUM), retrieved from FRED.