Use of Financial Services: Number of Loan Accounts for Small and Medium Enterprises at Other Deposit Takers for Zimbabwe
ZWEFCNODDSNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
864.00
Year-over-Year Change
0.00%
Date Range
1/1/2013 - 1/1/2013
Summary
This economic trend measures the number of loan accounts for small and medium enterprises (SMEs) at other deposit-taking institutions in Zimbabwe. It provides insights into the financial services landscape for SMEs, a key driver of economic growth.
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 Use of Financial Services: Number of Loan Accounts for Small and Medium Enterprises at Other Deposit Takers for Zimbabwe trend tracks the volume of loan accounts held by SMEs at non-bank financial institutions in the country. This metric is used to assess the accessibility and utilization of credit by smaller businesses, which play a vital role in job creation and economic diversification.
Methodology
The data is collected through surveys of other deposit-taking institutions in Zimbabwe.
Historical Context
Policymakers and economists analyze this trend to understand SME access to finance and identify potential areas for financial inclusion initiatives.
Key Facts
- Zimbabwe has over 2.4 million SMEs, contributing 60% of GDP.
- SMEs account for 80% of private sector employment in Zimbabwe.
- Access to finance is a major constraint for Zimbabwean SMEs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of loan accounts held by small and medium enterprises (SMEs) at other deposit-taking institutions in Zimbabwe.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the accessibility of credit for SMEs, which are a key driver of economic growth and job creation in Zimbabwe.
Q: How is this data collected or calculated?
A: The data is collected through surveys of other deposit-taking institutions in Zimbabwe.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to understand SME access to finance and identify potential areas for financial inclusion initiatives.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays by financial institutions in Zimbabwe.
Related Trends
Remittance Inflows to GDP for Zimbabwe
DDOI11ZWA156NWDB
Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Zimbabwe
ZWEFCMOANUM
Net Issues of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Zimbabwe
IDSGAMNINIZW
Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Zimbabwe
ZWEFCRODCHANUM
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Other Financial Intermediaries for Zimbabwe
ZWEFCBMONUM
U.S. Exports of Goods by F.A.S. Basis to Zimbabwe
EXP7960
Citation
U.S. Federal Reserve, Use of Financial Services: Number of Loan Accounts for Small and Medium Enterprises at Other Deposit Takers for Zimbabwe (ZWEFCNODDSNUM), retrieved from FRED.