Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Depositors with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Burundi
BDIFCDODCSPNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.30
Year-over-Year Change
-21.29%
Date Range
1/1/2004 - 1/1/2014
Summary
This indicator tracks the percentage of small and medium-sized enterprise (SME) depositors among all non-financial corporation depositors with commercial banks in Burundi. It provides insights into the use of financial services by SMEs, a key segment of the economy.
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 'Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Depositors with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Burundi' series measures the share of SME depositors within the overall non-financial corporation deposit base in Burundi's commercial banking system. This metric is useful for analyzing financial inclusion and the degree to which SMEs are accessing formal banking services.
Methodology
The data is collected by the International Monetary Fund through surveys of commercial banks in Burundi.
Historical Context
This indicator is relevant for policymakers and economists assessing financial sector development and SME access to credit in Burundi.
Key Facts
- SMEs account for over 90% of businesses in Burundi.
- Access to formal banking services is a key challenge for Burundian SMEs.
- Burundi has one of the lowest financial inclusion rates in Sub-Saharan Africa.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of small and medium-sized enterprise (SME) depositors among all non-financial corporation depositors with commercial banks in Burundi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the degree of financial inclusion and access to formal banking services for SMEs, a critical segment of Burundi's economy.
Q: How is this data collected or calculated?
A: The data is collected by the International Monetary Fund through surveys of commercial banks in Burundi.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess financial sector development and SME access to credit in Burundi.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and potential coverage limitations of the commercial banking survey.
Related Trends
Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Burundi
BDIFCBODMFKNUM
Number of Identified Exporters to Burundi from Maryland
MDBDIA475SCEN
Geographical Outreach: Number of Commercial Banks for Burundi
BDIFCIODCNUM
Use of Financial Services: Number of Loan Accounts for Households at Commercial Banks for Burundi
BDIFCNODCHNUM
Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Burundi
BDIFCSODCHXDC
Number of Identified Exporters to Burundi from South Carolina
SCBDIA475SCEN
Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Depositors with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Burundi (BDIFCDODCSPNUM), retrieved from FRED.