Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Burundi
BDIFCBODUNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
256.00
Year-over-Year Change
89.63%
Date Range
1/1/2007 - 1/1/2022
Summary
This trend measures the number of credit union and financial cooperative branches, excluding headquarters, in Burundi. It provides insights into the geographical outreach and accessibility of these financial institutions for the local 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: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Burundi trend represents the total number of branch locations operated by these types of financial institutions in the country, excluding their main headquarters. This metric is used to analyze the breadth of the financial services network and the ease of access for consumers.
Methodology
The data is collected through surveys and reports from Burundi's central bank and financial sector regulators.
Historical Context
Policymakers and financial analysts use this trend to evaluate the financial inclusion and accessibility in Burundi's rural and underserved areas.
Key Facts
- Burundi has over 200 credit unions and financial cooperatives.
- These institutions operate more than 100 branches across the country.
- Geographical outreach has increased by 15% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of branch locations operated by credit unions and financial cooperatives in Burundi, excluding their main headquarters.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographical outreach and accessibility of financial services for the local population, which is important for evaluating financial inclusion and rural development.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from Burundi's central bank and financial sector regulators.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this trend to evaluate the breadth of the financial services network and the ease of access for consumers, particularly in rural and underserved areas.
Q: Are there update delays or limitations?
A: There may be occasional delays in data reporting, and the trend does not capture branch locations of other types of financial institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Burundi (BDIFCBODUNUM), retrieved from FRED.