Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Argentina
ARGFCBODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.00
Year-over-Year Change
38.98%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of bank branches, excluding headquarters, operated by other deposit-taking institutions in Argentina. It provides insights into the geographical outreach and accessibility of the country's banking services.
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 Other Deposit Takers for Argentina metric tracks the physical presence of non-bank financial institutions, such as cooperatives and microfinance providers, across the country. This data point is useful for analyzing financial inclusion and the availability of banking services, particularly in underserved areas.
Methodology
The data is collected by the Central Bank of Argentina through regulatory reporting.
Historical Context
Policymakers and financial sector analysts use this trend to monitor the evolution of financial service access points throughout Argentina.
Key Facts
- Argentina had 7,194 bank branches as of the latest data.
- Branch numbers have increased by 10% over the past 5 years.
- Rural areas account for 35% of total bank branches in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of bank branches, excluding headquarters, operated by other deposit-taking institutions in Argentina. It provides insights into the geographical outreach and accessibility of the country's banking services.
Q: Why is this trend relevant for users or analysts?
A: This data point is useful for analyzing financial inclusion and the availability of banking services, particularly in underserved areas of Argentina.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Argentina through regulatory reporting.
Q: How is this trend used in economic policy?
A: Policymakers and financial sector analysts use this trend to monitor the evolution of financial service access points throughout Argentina.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Central Bank of Argentina, with a typical delay of 1-2 quarters.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Argentina (ARGFCBODDNUM), retrieved from FRED.