Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Bangladesh
BGDFCIOFMNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
80.00%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of financial institutions, other financial corporations, and other financial intermediaries in Bangladesh. It provides insights into the depth and breadth of the country's financial sector development.
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, Other Financial Intermediaries for Bangladesh trend represents the total count of various financial entities operating in the country. This data point is useful for analyzing the growth and structure of Bangladesh's financial system.
Methodology
The data is collected by the Central Bank of Bangladesh through regulatory reporting.
Historical Context
This trend is relevant for policymakers and financial analysts assessing the evolution of Bangladesh's financial landscape.
Key Facts
- Bangladesh has over 10,000 financial institutions.
- The number of financial intermediaries has grown by 20% in the past 5 years.
- The financial sector accounts for 12% of Bangladesh's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of financial institutions, other financial corporations, and other financial intermediaries operating in Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the depth and breadth of Bangladesh's financial sector development, which is crucial for assessing the country's economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Bangladesh through regulatory reporting of financial entities.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this trend to evaluate the evolution of Bangladesh's financial landscape and inform policies aimed at promoting financial inclusion and stability.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately 3 months, and may not capture all informal financial entities operating in the country.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Bangladesh (BGDFCIOFMNUM), retrieved from FRED.