Use of Financial Services, Liabilities: Outstanding Deposits at Non-deposit Taking Microfinance Institutions (MFIs) for Aruba
ABWFCLOFMFXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
294,268,000.00
Year-over-Year Change
-17.00%
Date Range
1/1/2006 - 1/1/2017
Summary
This economic trend measures the outstanding deposits held at non-deposit taking microfinance institutions (MFIs) in Aruba. It provides insight into the usage of financial services in the microfinance 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 outstanding deposits at non-deposit taking MFIs in Aruba represent the total amount of funds held by these institutions on behalf of their clients. This trend is used to analyze the accessibility and utilization of financial services among the underbanked population in Aruba.
Methodology
The data is collected through surveys of non-deposit taking MFIs operating in Aruba.
Historical Context
This trend is relevant for policymakers and financial inclusion advocates to understand the reach and impact of microfinance services in Aruba.
Key Facts
- Aruba has a population of around 105,000 people.
- The microfinance sector in Aruba is growing rapidly.
- Deposits at non-deposit taking MFIs account for a significant portion of financial inclusion in Aruba.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held at non-deposit taking microfinance institutions (MFIs) in Aruba, providing insight into the usage of financial services in the microfinance sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers and financial inclusion advocates to understand the reach and impact of microfinance services in Aruba.
Q: How is this data collected or calculated?
A: The data is collected through surveys of non-deposit taking MFIs operating in Aruba.
Q: How is this trend used in economic policy?
A: This trend is used to analyze the accessibility and utilization of financial services among the underbanked population in Aruba, which is relevant for policymakers and financial inclusion advocates.
Q: Are there update delays or limitations?
A: The data may be subject to update delays or limited availability, as it is collected through surveys of non-deposit taking MFIs in Aruba.
Related Trends
Deposit Money Bank Assets to GDP for Aruba
DDDI02AWA156NWDB
Gross Portfolio Debt Liabilities to GDP for Aruba
DDDM10AWA156NWDB
Value of Exports to Aruba from Puerto Rico
PRABWA052SCEN
Number of Identified Exporters to Aruba from Louisiana
LAABWA475SCEN
Number of Identified Exporters to Aruba from District of Columbia
DCABWA475SCEN
Value of Exports to Aruba from Tennessee
TNABWA052SCEN
Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Non-deposit Taking Microfinance Institutions (MFIs) for Aruba (ABWFCLOFMFXDC), retrieved from FRED.