This indicator represents the proportion of
businesses that opted not to seek financial assistance over the past fiscal year, citing a lack of necessity for external funding. It is calculated by dividing the number of firms that specifically indicated they did not require a loan by the total number of businesses surveyed, both those that applied for and those that did not apply for loans. A higher percentage could
reflect a robust economic environment where companies can sustain operations and growth without additional financing. Conversely, a lower percentage might suggest financial constraints or an increased dependence on external capital, providing valuable insights into the overall health and confidence levels of the business sector within a given economy.
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