Total Credit to Households and NPISHs, Unadjusted for Breaks, for Saudi Arabia
QSAHAMXDCU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,437.90
Year-over-Year Change
33.85%
Date Range
1/1/1998 - 10/1/2024
Summary
This economic trend measures the total credit extended to households and non-profit institutions serving households (NPISHs) in Saudi Arabia, without adjustments for statistical breaks.
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 indicator of consumer debt levels and access to credit in the Saudi Arabian economy. It helps economists and policymakers assess household financial conditions and inform decisions on monetary and fiscal policies.
Methodology
The data is collected and reported by the Saudi Arabian Monetary Authority (SAMA).
Historical Context
This metric is closely monitored by Saudi government and financial institutions to understand household financial health and guide economic policies.
Key Facts
- Saudi Arabia's total household credit was $373 billion in 2021.
- Household credit accounts for over 20% of Saudi Arabia's GDP.
- Household credit has grown by an average of 6% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit extended to households and non-profit institutions serving households in Saudi Arabia, without adjustments for statistical breaks.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding household financial conditions and informing economic and policy decisions in Saudi Arabia.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Saudi Arabian Monetary Authority (SAMA).
Q: How is this trend used in economic policy?
A: This trend is closely monitored by Saudi government and financial institutions to assess household financial health and guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or updates due to the underlying data collection process.
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Citation
U.S. Federal Reserve, Total Credit to Households and NPISHs, Unadjusted for Breaks, for Saudi Arabia (QSAHAMXDCU), retrieved from FRED.