Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Burundi
BDIFCIOFINUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.00
Year-over-Year Change
220.00%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the number of institutions, other financial corporations, and insurance corporations in Burundi. It provides insights into the breadth and depth of the country's financial sector.
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 Financial Corporations, Insurance Corporations for Burundi data series tracks the number of various financial institutions operating in the country. This metric is used by economists and policymakers to assess the development and accessibility of Burundi's financial system.
Methodology
The data is collected and reported by the Burundi Central Bank.
Historical Context
This trend is relevant for understanding Burundi's financial landscape and informing policies aimed at promoting financial inclusion and economic growth.
Key Facts
- Burundi has over 50 financial institutions.
- Insurance corporations make up a significant portion of the financial sector.
- The number of institutions has grown by 20% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of institutions, other financial corporations, and insurance corporations operating in Burundi's financial sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the breadth and depth of Burundi's financial system, which is important for assessing financial inclusion and economic development.
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: Policymakers use this data to inform policies aimed at promoting financial sector growth and improving access to financial services in Burundi.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-month lag.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Burundi (BDIFCIOFINUM), retrieved from FRED.