Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Burundi
BDIFCIODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2007 - 1/1/2022
Summary
This economic trend measures the number of other deposit-taking institutions in Burundi, providing insights into the geographical outreach and accessibility of the country's financial services.
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 Institutions, Other Depository Corporations, Other Deposit Takers for Burundi' metric tracks the total count of non-bank deposit-taking entities, such as microfinance institutions and cooperatives, across Burundi. This data is a key indicator of financial inclusion and the breadth of the nation's banking infrastructure.
Methodology
The data is collected by the central bank of Burundi through regulatory reporting and surveys of the financial sector.
Historical Context
Policymakers and analysts use this metric to assess progress in expanding access to formal financial services in Burundi.
Key Facts
- Burundi had 233 other deposit-taking institutions as of 2021.
- This metric has grown by 14% over the past 5 years.
- Only 36% of adults in Burundi have a bank account.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-bank deposit-taking institutions, such as microfinance providers and cooperatives, operating in Burundi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the geographical outreach and accessibility of formal financial services in Burundi, which is a key indicator of financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected by the central bank of Burundi through regulatory reporting and surveys of the financial sector.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess progress in expanding access to formal financial services in Burundi.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months and may not capture all informal deposit-taking entities.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Burundi (BDIFCIODDNUM), retrieved from FRED.