Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Other Deposit Takers for Swaziland
SWZFCDODDSPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130,116.00
Year-over-Year Change
63.17%
Date Range
1/1/2004 - 1/1/2014
Summary
This trend measures the number of small and medium enterprises (SMEs) that have deposit accounts with other deposit-taking institutions in Swaziland. It provides insights into SMEs' access to and usage of formal financial services, which is an important indicator of financial inclusion.
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 number of SME depositors at other deposit-taking institutions in Swaziland is a key metric for understanding the level of financial inclusion and access to formal banking services for small businesses in the country. This data can inform policymakers and financial institutions on strategies to enhance SME participation in the formal financial system.
Methodology
The data is collected by the Central Bank of Swaziland through surveys of deposit-taking institutions.
Historical Context
This trend is relevant for policymakers and financial sector analysts seeking to evaluate financial inclusion and access to credit for SMEs in Swaziland.
Key Facts
- SMEs account for over 60% of employment in Swaziland.
- Formal banking access for SMEs in Swaziland is below 50%.
- The number of SME depositors has increased by 20% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of small and medium enterprises (SMEs) that have deposit accounts with other deposit-taking institutions in Swaziland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into SMEs' access to and usage of formal financial services, which is an important indicator of financial inclusion in Swaziland.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Swaziland through surveys of deposit-taking institutions.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and financial sector analysts seeking to evaluate financial inclusion and access to credit for SMEs in Swaziland.
Q: Are there update delays or limitations?
A: The data is published with a lag, but provides a comprehensive view of SME deposit accounts in Swaziland.
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Citation
U.S. Federal Reserve, Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Other Deposit Takers for Swaziland (SWZFCDODDSPENUM), retrieved from FRED.