Total Credit to Households and NPISHs, Adjusted for Breaks, for Switzerland
QCHHAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.40
Year-over-Year Change
-3.76%
Date Range
10/1/1999 - 10/1/2024
Summary
This trend measures the total credit extended to households and non-profit institutions serving households (NPISHs) in Switzerland, adjusted for statistical breaks. It is a key indicator of domestic credit conditions and household financial health.
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 total credit to households and NPISHs is an important macroeconomic indicator that provides insight into the availability of credit and the overall level of household indebtedness in Switzerland. It is used by economists and policymakers to assess the strength of the domestic financial system and household balance sheets.
Methodology
The data is collected and reported by the Swiss National Bank through surveys of financial institutions.
Historical Context
This trend is closely monitored by the Swiss National Bank and other regulators to inform monetary and macroprudential policies.
Key Facts
- Switzerland's household credit-to-GDP ratio was 129% as of Q4 2022.
- Household credit growth slowed to 3.2% year-over-year in Q4 2022.
- Mortgage loans account for over 85% of total household credit in Switzerland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total credit extended to households and non-profit institutions serving households (NPISHs) in Switzerland, adjusted for statistical breaks.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the availability of credit and the overall level of household indebtedness in Switzerland, which is important for assessing the strength of the domestic financial system and household balance sheets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Swiss National Bank through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Swiss National Bank and other regulators to inform monetary and macroprudential policies aimed at maintaining financial stability.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a typical lag of around 3 months.
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Citation
U.S. Federal Reserve, Total Credit to Households and NPISHs, Adjusted for Breaks, for Switzerland (QCHHAM770A), retrieved from FRED.