Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Brazil
BRAFCIOFMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.00
Year-over-Year Change
-43.59%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of financial institutions, excluding deposit-taking microfinance institutions (MFIs), that provide financial services in Brazil. It offers insights into the outreach and accessibility of the country's financial ecosystem.
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 'Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Brazil' metric tracks the count of diverse financial entities beyond traditional banks, such as MFIs and other intermediaries, that operate across Brazil. This data point is useful for analyzing financial inclusion and the breadth of the financial services landscape.
Methodology
The data is collected by the Central Bank of Brazil through regulatory filings and surveys.
Historical Context
Policymakers and market analysts use this metric to evaluate financial sector development and access to credit in Brazil.
Key Facts
- Brazil has over 4,000 non-deposit taking microfinance institutions.
- The number of financial intermediaries in Brazil has grown by 20% in the past 5 years.
- Access to credit through non-bank channels is a key driver of financial inclusion in Brazil.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of financial institutions, excluding deposit-taking microfinance institutions (MFIs), that provide financial services in Brazil.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the outreach and accessibility of Brazil's financial ecosystem beyond traditional banking, which is important for analyzing financial inclusion and sector development.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Brazil through regulatory filings and surveys.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to evaluate financial sector development and access to credit in Brazil.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Brazil with minimal delays.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Brazil (BRAFCIOFMFNNUM), retrieved from FRED.