Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Burundi
BDIFCBODMFKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.83
Year-over-Year Change
123.80%
Date Range
1/1/2007 - 1/1/2016
Summary
This economic indicator measures the geographic outreach of microfinance institutions (MFIs) in Burundi, tracking the number of MFI branches per 1,000 square kilometers. It provides insights into the accessibility and penetration of financial services across the country.
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, All MFI Branches Per 1000 Km2 for Burundi metric offers a spatial perspective on the financial inclusion landscape. It reflects the density of MFI branch networks, which is a crucial factor in enabling underserved populations to access crucial banking and credit services.
Methodology
The data is collected and reported by the Burundi Central Bank.
Historical Context
This indicator informs policymakers and development organizations working to expand financial access and promote economic growth in Burundi.
Key Facts
- Burundi has a land area of 27,834 square kilometers.
- The average number of MFI branches per 1,000 sq km in Burundi was 0.78 in 2020.
- Financial inclusion is a key development priority in Burundi.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the geographic outreach of microfinance institutions (MFIs) in Burundi by tracking the number of MFI branches per 1,000 square kilometers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the accessibility and penetration of financial services across Burundi, which is crucial for understanding financial inclusion and economic development in the country.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Burundi Central Bank.
Q: How is this trend used in economic policy?
A: This indicator informs policymakers and development organizations working to expand financial access and promote economic growth in Burundi.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and availability from the Burundi Central Bank.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Burundi (BDIFCBODMFKNUM), retrieved from FRED.