Use of Financial Services Borrowers: Persons Borrowing from Other Other Financial Intermediaries for Burundi
BDIFCRFOPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,516.00
Year-over-Year Change
188.56%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of persons borrowing from other financial intermediaries in Burundi. It provides insight into the utilization of financial services and access to credit within the Burundian 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 Borrowers: Persons Borrowing from Other Other Financial Intermediaries for Burundi' metric tracks the total number of individuals who have obtained loans or credit from non-bank financial institutions in Burundi. This data point is useful for understanding financial inclusion and the development of the country's broader credit market.
Methodology
The data is collected through surveys and reports from Burundi's financial regulatory authorities.
Historical Context
This trend is relevant for policymakers and analysts examining financial sector development and access to credit in the Burundian economy.
Key Facts
- Burundi has a relatively underdeveloped financial sector compared to other East African countries.
- Access to credit from non-bank sources is an important component of financial inclusion in Burundi.
- The number of persons borrowing from other financial intermediaries is a key indicator of credit market activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals in Burundi who have obtained loans or credit from non-bank financial institutions, such as microfinance providers or savings and credit cooperatives.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the level of financial inclusion and access to credit within the Burundian economy, which is important for understanding economic development and the functioning of the country's financial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from Burundi's financial regulatory authorities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor financial sector development and assess the effectiveness of policies aimed at increasing access to credit and promoting financial inclusion in Burundi.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential coverage gaps, as the financial sector in Burundi is still developing.
Related Trends
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Burundi
BDIFCBODULNUM
Real Effective Exchange Rate as Based on Consumer Price Index for Burundi
BDIEREERIX
Net Current Account Total for Burundi
BDIBCABP6GDPPT
Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Burundi
BDIFCIOFMNUM
Number of Identified Exporters to Burundi from Nebraska
NEBDIA475SCEN
Value of Exports to Burundi from Washington
WABDIA052SCEN
Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Persons Borrowing from Other Other Financial Intermediaries for Burundi (BDIFCRFOPENUM), retrieved from FRED.