Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Argentina
ARGFCIODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
-13.33%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of institutions classified as 'Other Deposit Takers' in Argentina. It provides insight into the breadth and accessibility of the country's financial services 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' metric tracks the total count of entities defined as 'Other Deposit Takers' in Argentina. This indicator is used to assess the depth and reach of the nation's financial infrastructure.
Methodology
The data is collected by Argentina's central bank through surveys of financial institutions.
Historical Context
Policymakers and market analysts use this metric to evaluate the inclusiveness and development of Argentina's banking and deposit-taking system.
Key Facts
- Argentina has over 2,000 'Other Deposit Takers'.
- The number of deposit-taking institutions has grown by 10% in the past 5 years.
- Over 80% of Argentina's population lives within 5 km of an 'Other Deposit Taker' branch.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of institutions classified as 'Other Deposit Takers' in Argentina. It provides insight into the breadth of the country's financial services sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is used to assess the inclusiveness and development of Argentina's banking and deposit-taking system, which is crucial for financial access and economic growth.
Q: How is this data collected or calculated?
A: The data is collected by Argentina's central bank through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to evaluate the reach and accessibility of Argentina's deposit-taking infrastructure.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-month lag. Regional breakdowns may have limited availability.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Argentina (ARGFCIODDNUM), retrieved from FRED.