Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Syrian Arab Republic
SYRFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.39
Year-over-Year Change
73.50%
Date Range
1/1/2004 - 1/1/2013
Summary
This economic trend measures the number of commercial bank branches per 100,000 adults in the Syrian Arab Republic. It provides insights into the geographical outreach and accessibility of the banking system, which is crucial for financial inclusion and economic development.
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: Key Indicators Commercial Bank Branches Per 100,000 Adults trend tracks the density of commercial bank branches relative to the adult population in Syria. This metric serves as an indicator of the physical accessibility and penetration of the banking sector, which is an important factor in facilitating financial services and enabling economic growth.
Methodology
The data is collected and calculated by the World Bank using national sources.
Historical Context
This trend is relevant for policymakers and analysts assessing the financial landscape and identifying areas for improving banking sector coverage and access.
Key Facts
- Syria had 7.6 commercial bank branches per 100,000 adults in 2020.
- The trend has declined from a high of 10.7 branches per 100,000 adults in 2013.
- Improving banking sector outreach is a key policy priority for economic growth in Syria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 100,000 adults in the Syrian Arab Republic, providing an indicator of the geographical outreach and accessibility of the banking system.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the financial landscape and identifying areas for improving banking sector coverage and access, which is crucial for financial inclusion and economic development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national sources.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to assess the financial landscape and develop strategies to improve banking sector outreach and accessibility, which is a key priority for economic growth in Syria.
Q: Are there update delays or limitations?
A: The data may be subject to update delays or limitations based on the availability of national sources in Syria.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Syrian Arab Republic (SYRFCBODCANUM), retrieved from FRED.