Use of Financial Services Borrowers: Households Borrowing from Commercial Banks for Qatar

QATFCRODCHPENUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

540,148.00

Year-over-Year Change

67.40%

Date Range

1/1/2010 - 1/1/2021

Summary

This economic trend measures the use of financial services by households borrowing from commercial banks in Qatar. It provides insights into consumer credit and financial behavior in the Qatari 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: Households Borrowing from Commercial Banks for Qatar trend tracks the volume of household borrowing from commercial banks in the country. This metric is used by economists and policymakers to analyze consumer credit conditions and household financial activity.

Methodology

The data is collected directly from commercial banks operating in Qatar.

Historical Context

This trend is relevant for understanding consumer finance and economic policy in Qatar.

Key Facts

  • Qatar has a population of over 2.8 million people.
  • The Qatari riyal is the official currency of Qatar.
  • Qatar has one of the highest GDP per capita in the world.

FAQs

Q: What does this economic trend measure?

A: This trend measures the volume of household borrowing from commercial banks in Qatar. It provides insights into consumer credit and financial activity in the Qatari economy.

Q: Why is this trend relevant for users or analysts?

A: This trend is relevant for understanding consumer finance conditions and informing economic policy decisions in Qatar.

Q: How is this data collected or calculated?

A: The data is collected directly from commercial banks operating in Qatar.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to analyze consumer credit conditions and household financial activity in Qatar.

Q: Are there update delays or limitations?

A: The data may be subject to occasional delays in reporting from commercial banks.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services Borrowers: Households Borrowing from Commercial Banks for Qatar (QATFCRODCHPENUM), retrieved from FRED.