Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Syrian Arab Republic
SYRFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.04
Year-over-Year Change
104.70%
Date Range
1/1/2004 - 1/1/2013
Summary
This economic trend measures the number of commercial bank branches per 1,000 square kilometers in the Syrian Arab Republic. It provides insights into the geographical outreach and accessibility of banking services across 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: Key Indicators Commercial Bank Branches Per 1000 Km2 for Syrian Arab Republic series tracks the density of commercial bank branches relative to the country's land area. This metric is used to assess the financial inclusion and banking infrastructure development in the region.
Methodology
The data is collected and reported by the Central Bank of Syria.
Historical Context
Policymakers and financial analysts monitor this trend to understand the spatial distribution of banking services and identify underserved areas.
Key Facts
- The latest data point shows 0.72 commercial bank branches per 1,000 sq km in Syria.
- Bank branch density has declined in Syria over the past decade.
- Uneven distribution of branches across the country remains a challenge.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 1,000 square kilometers in the Syrian Arab Republic, providing insights into the geographical outreach and accessibility of banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is used to assess the financial inclusion and development of banking infrastructure in the region, which is important for policymakers and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Syria.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts monitor this trend to understand the spatial distribution of banking services and identify underserved areas in order to inform policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to update delays or other limitations due to the challenging economic and political situation in Syria.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Syrian Arab Republic (SYRFCBODCKNUM), retrieved from FRED.