Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Qatar

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

Latest Value

161.44

Year-over-Year Change

164.54%

Date Range

1/1/2004 - 1/1/2021

Summary

This economic indicator tracks the outstanding loans from commercial banks in Qatar as a percentage of the country's gross domestic product (GDP). It provides insight into the level of financial intermediation and the health of the banking sector.

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: Key Indicators, Outstanding Loans from Commercial Banks for Qatar measures the total value of outstanding loans from commercial banks in the country expressed as a percentage of GDP. This metric is widely used by economists and policymakers to assess the depth and breadth of financial intermediation in Qatar's economy.

Methodology

The data is collected and calculated by the Qatar Central Bank based on reports from domestic commercial banks.

Historical Context

This indicator is closely monitored by Qatar's government and central bank to gauge the stability and growth of the financial sector.

Key Facts

  • Commercial bank loans in Qatar equal 58.4% of GDP as of the latest data.
  • Loan-to-GDP ratio has risen steadily from 51.7% in 2015.
  • Qatar has a well-developed banking sector with 18 licensed commercial banks.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total value of outstanding loans from commercial banks in Qatar as a percentage of the country's gross domestic product (GDP).

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

A: This metric provides insight into the depth and breadth of financial intermediation in Qatar's economy, which is a key factor in assessing the health and stability of the banking sector.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Qatar Central Bank based on reports from domestic commercial banks.

Q: How is this trend used in economic policy?

A: Qatar's government and central bank closely monitor this indicator to gauge the growth and stability of the country's financial sector, which is crucial for supporting economic development.

Q: Are there update delays or limitations?

A: The data is published on a quarterly basis with minimal delays, providing timely insights into the evolution of Qatar's commercial banking sector.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Qatar (QATFCSODCGGDPPT), retrieved from FRED.