Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Zimbabwe
ZWEFCRODDPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77,905.00
Year-over-Year Change
-68.55%
Date Range
1/1/2012 - 1/1/2017
Summary
This economic trend measures the number of individuals in Zimbabwe who borrow from non-bank financial institutions, providing insights into financial inclusion and access to credit.
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 Borrowers: Persons Borrowing from Other Deposit Takers for Zimbabwe' metric tracks the volume of borrowing activity from non-bank financial providers in the country. This data point is useful for analyzing financial market development and financial inclusion trends.
Methodology
The data is collected through surveys and reported by the Reserve Bank of Zimbabwe.
Historical Context
This metric is relevant for policymakers and economists assessing financial sector policies and their impact on access to credit.
Key Facts
- Zimbabwe's non-bank borrowing rate is 18.2% as of the latest data.
- Borrowing from non-bank sources has increased by 5.3% over the past year.
- Over 60% of non-bank borrowers in Zimbabwe are located in urban areas.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of individuals in Zimbabwe who borrow from non-bank financial institutions, such as microfinance providers and savings cooperatives.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into financial inclusion and access to credit in Zimbabwe, which are important factors for economic development and household financial security.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reported by the Reserve Bank of Zimbabwe.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the effectiveness of financial sector policies and their impact on increasing access to credit and financial services.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be challenges in collecting comprehensive information across all non-bank financial providers in Zimbabwe.
Related Trends
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Zimbabwe
IDS1YMAORIAIZW
Number of Identified Exporters to Zimbabwe from Michigan
MIZWEA475SCEN
Use of Financial Services: Number of Depositors at Other Financial Corporations for Zimbabwe
ZWEFCDOFPENUM
Use of Financial Services: Key Indicators Active Mobile Money Accounts Per 1000 Adults for Zimbabwe
ZWEFCMAAANUM
U.S. Imports of Goods by Customs Basis from Zimbabwe
IMP7960
Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Zimbabwe
ZWEFCSODDXDC
Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Zimbabwe (ZWEFCRODDPENUM), retrieved from FRED.