Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Burundi
BDIFCBODCLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.00
Year-over-Year Change
303.23%
Date Range
1/1/2004 - 1/1/2015
Summary
This trend measures the number of commercial bank branches in the 3 largest cities in Burundi, excluding the bank headquarters. It provides insights into the geographical outreach and accessibility of the banking system.
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 trend for commercial banks in Burundi tracks the branch network in the country's largest urban centers, excluding the main headquarters. This data point is useful for assessing the financial inclusion and penetration of banking services across the population.
Methodology
The data is collected by the Central Bank of Burundi through surveys of licensed commercial banks.
Historical Context
This trend is used by policymakers and economists to evaluate the expansion and accessibility of the banking sector in Burundi.
Key Facts
- Burundi has a population of over 12 million people.
- The 3 largest cities in Burundi are Bujumbura, Gitega, and Ngozi.
- Commercial banks play a crucial role in Burundi's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches located in the 3 largest cities in Burundi, excluding the main headquarters of the banks.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographical outreach and accessibility of the banking system in Burundi, which is important for assessing financial inclusion and the penetration of banking services across the population.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Burundi through surveys of licensed commercial banks operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the expansion and accessibility of the banking sector in Burundi, which is crucial for supporting economic development and financial inclusion.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting or changes in the survey methodology, which can affect the timeliness and consistency of the trend over time.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Burundi (BDIFCBODCLNUM), retrieved from FRED.