Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Burundi
BDIFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.07
Year-over-Year Change
109.91%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the geographic coverage of commercial bank branches per 1,000 square kilometers in Burundi. It is a key indicator of financial inclusion and access to banking services for the population.
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 Burundi metric provides insight into the spatial distribution and density of the banking network. It is used by policymakers and analysts to assess the reach and accessibility of the financial system.
Methodology
The data is collected and reported by the Central Bank of Burundi.
Historical Context
This metric informs financial inclusion policies and helps monitor progress towards greater access to banking services.
Key Facts
- Burundi has around 4 commercial bank branches per 1,000 sq km.
- The branch density is lower in rural areas compared to urban centers.
- Improving geographic access to banking is a key policy goal in Burundi.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 1,000 square kilometers in Burundi, which is an indicator of the geographic coverage and accessibility of the banking network.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding financial inclusion and access to banking services in Burundi. It informs policy decisions and helps monitor progress towards greater geographic reach of the financial system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Burundi.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to assess the spatial distribution and accessibility of the banking network, which informs financial inclusion policies and programs.
Q: Are there update delays or limitations?
A: The data may be subject to update delays, and the geographic coverage and sampling methods may vary over time.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Burundi (BDIFCBODCKNUM), retrieved from FRED.