Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Saudi Arabia

QSANAM770A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

46.60

Year-over-Year Change

9.65%

Date Range

1/1/1998 - 10/1/2024

Summary

The 'Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Saudi Arabia' measures the total credit extended to non-financial companies in Saudi Arabia, providing insights into corporate financing and economic activity.

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

This economic indicator tracks the amount of credit and loans available to the non-financial corporate sector in Saudi Arabia. It is a valuable metric for understanding the financing conditions and investment climate for businesses in the country.

Methodology

The data is collected and reported by the Saudi Arabian Monetary Authority (SAMA).

Historical Context

Policymakers and analysts use this trend to gauge the health of the Saudi Arabian corporate sector and broader economic conditions.

Key Facts

  • Saudi Arabia is the largest economy in the Gulf Cooperation Council (GCC) region.
  • The non-financial corporate sector accounts for a significant portion of Saudi Arabia's GDP.
  • Credit availability is a crucial factor in supporting business investment and economic growth.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total amount of credit and loans extended to non-financial corporations in Saudi Arabia, providing insights into corporate financing conditions.

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

A: This trend is relevant for understanding the health and investment climate of the Saudi Arabian corporate sector, which is a key driver of the country's overall economic performance.

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: Policymakers and analysts use this trend to gauge the financing conditions for businesses in Saudi Arabia, which can inform decisions on monetary policy, regulatory measures, and economic development initiatives.

Q: Are there update delays or limitations?

A: The data is subject to the reporting and publication schedule of the Saudi Arabian Monetary Authority, which may result in occasional delays or limitations in the availability of the most recent information.

Related Trends

Citation

U.S. Federal Reserve, Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Saudi Arabia (QSANAM770A), retrieved from FRED.