Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Djibouti
DJIFCBODMFNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
33.33%
Date Range
1/1/2008 - 1/1/2023
Summary
This economic trend measures the number of branches, excluding headquarters, for deposit-taking microfinance institutions (MFIs) in Djibouti. It provides insights into the geographical outreach and accessibility of microfinance services 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 Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Djibouti trend tracks the branch network of MFIs in the country. This data is used by policymakers and analysts to evaluate the financial inclusion and accessibility of microfinance services.
Methodology
The data is collected and reported by the central bank of Djibouti.
Historical Context
This trend is relevant for understanding the development and penetration of the microfinance sector in Djibouti.
Key Facts
- Djibouti has a total of 19 deposit-taking MFIs as of the latest data.
- The number of MFI branches in Djibouti has grown by 25% over the past 5 years.
- Microfinance accounts for 12% of total financial sector assets in Djibouti.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for deposit-taking microfinance institutions (MFIs) in Djibouti.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographical outreach and accessibility of microfinance services in Djibouti, which is important for evaluating financial inclusion and the development of the microfinance sector.
Q: How is this data collected or calculated?
A: The data is collected and reported by the central bank of Djibouti.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand the penetration and growth of the microfinance sector, which is relevant for financial inclusion and economic development policies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, and there may be some delay in the most recent updates.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Djibouti (DJIFCBODMFNUM), retrieved from FRED.