Use of Financial Services, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Zimbabwe
ZWEFCSMHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68,600,000,000,000.00
Year-over-Year Change
24.05%
Date Range
1/1/2013 - 1/1/2014
Summary
This economic trend measures the outstanding loans to households by other financial intermediaries in Zimbabwe. It provides insights into the financial services usage and household credit dynamics in the country.
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, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Zimbabwe' series represents the total value of loans extended to Zimbabwean households by financial institutions other than banks. This metric offers a window into the broader financial intermediation landscape and household access to credit outside the traditional banking system.
Methodology
The data is collected and reported by the Reserve Bank of Zimbabwe.
Historical Context
Policymakers and analysts use this metric to assess the depth and inclusiveness of Zimbabwe's financial sector.
Key Facts
- Zimbabwe's household loans from other financial intermediaries totaled $XX.XX billion in the latest period.
- This metric has grown by YY% over the past Z years, indicating increased financial inclusion.
- Other financial intermediaries account for AA% of total household credit in Zimbabwe.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding loans made by financial institutions other than banks to households in Zimbabwe.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the depth and inclusiveness of Zimbabwe's financial sector beyond traditional banking, which is important for understanding household access to credit and overall financial intermediation in the economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Reserve Bank of Zimbabwe.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the development and inclusiveness of Zimbabwe's financial system, which is crucial for supporting household consumption, investment, and broader economic growth.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data by the Reserve Bank of Zimbabwe. Additionally, the metric may not capture all forms of household credit outside the traditional banking sector.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Zimbabwe (ZWEFCSMHXDC), retrieved from FRED.