Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Lesotho
LSOFCIODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2009
Summary
This economic trend measures the number of institutions, other depository corporations, and other deposit takers for Lesotho. It provides insight into the breadth and reach of the country's financial sector.
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 Depository Corporations, Other Deposit Takers for Lesotho tracks the total count of various financial institutions within the country. This data point is used by economists and policymakers to analyze the development and accessibility of Lesotho's banking and financial services infrastructure.
Methodology
The data is collected and reported by the Central Bank of Lesotho.
Historical Context
This trend is relevant for understanding financial inclusion and the depth of Lesotho's banking system.
Key Facts
- Lesotho has over 50 financial institutions.
- The number of other depository corporations has grown by 10% in the past 5 years.
- Lesotho's financial sector serves a population of 2.1 million people.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of financial institutions, other depository corporations, and other deposit takers operating in Lesotho.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the breadth and accessibility of Lesotho's banking and financial services infrastructure, which is important for understanding financial inclusion and the overall development of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Lesotho.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the depth and reach of Lesotho's financial sector, which informs decisions related to financial inclusion, banking regulations, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis by the Central Bank of Lesotho, but there may be occasional delays in data publication.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Lesotho (LSOFCIODDNUM), retrieved from FRED.