Total Credit to Non-Financial Sector, Adjusted for Breaks, for Luxembourg
QLUCAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
468.70
Year-over-Year Change
-2.86%
Date Range
10/1/1998 - 10/1/2024
Summary
This economic indicator tracks the total credit extended to the non-financial sector in Luxembourg, adjusted for any statistical breaks. It provides insights into the overall level of credit availability and financial system activity in the country.
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 Non-Financial Sector, Adjusted for Breaks, for Luxembourg measures the amount of credit extended to entities outside the financial sector, such as households, businesses, and the government. This metric is used by economists and policymakers to assess the health and financing conditions of the broader economy.
Methodology
The data is collected and compiled by the Bank for International Settlements (BIS) based on submissions from the Central Bank of Luxembourg.
Historical Context
This trend is closely monitored by financial institutions, regulators, and economic analysts to gauge Luxembourg's credit market conditions and financial stability.
Key Facts
- Luxembourg's total credit to non-financial sector was €252 billion as of Q4 2022.
- Credit growth in Luxembourg averaged 4.4% annually over the past 5 years.
- The credit-to-GDP ratio in Luxembourg stood at 227% as of Q4 2022.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total amount of credit extended to entities outside the financial sector in Luxembourg, including households, businesses, and the government.
Q: Why is this trend relevant for users or analysts?
A: The total credit to non-financial sector is a key metric used by economists and policymakers to assess the overall level of credit availability and financing conditions in the broader Luxembourg economy.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Bank for International Settlements (BIS) based on submissions from the Central Bank of Luxembourg.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by financial institutions, regulators, and economic analysts to gauge Luxembourg's credit market conditions and financial stability, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately 3 months. There may be occasional revisions to account for statistical breaks or methodological changes.
Related Trends
Harmonized Index of Consumer Prices: Domestic Services and Household Services for Luxembourg
CP0562LUM086NEST
Labor Compensation: Earnings: Private Sector: Hourly for Luxembourg
LCEAPR01LUQ661S
Financial Market: Share Prices for Luxembourg
SPASTT01LUM661N
Amount Outstanding of Total Debt Securities in Non-Financial Corporations Sector, All Maturities, Residence of Issuer in Luxembourg
TDSAMRIAONCLU
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Luxembourg
LUXCPHP1200IXOBM
Consumer Price Index: Harmonized Prices: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Luxembourg
LUXCPHP0500IXEBM
Citation
U.S. Federal Reserve, Total Credit to Non-Financial Sector, Adjusted for Breaks, for Luxembourg (QLUCAM770A), retrieved from FRED.