Use of Financial Services, Assets: Outstanding Loans at Deposit Taking Microfinance Institutions (MFIs) for Bangladesh
BGDFCSODMFXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,594,075,402,604.14
Year-over-Year Change
503.47%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding loans at deposit-taking microfinance institutions (MFIs) in Bangladesh. It provides insights into the financing activities of the microfinance sector and its role in financial inclusion.
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 Outstanding Loans at Deposit Taking Microfinance Institutions (MFIs) for Bangladesh trend tracks the total value of loans extended by MFIs that accept deposits from their clients. This metric is used to gauge the level of microfinance activity and access to credit for underserved populations in the country.
Methodology
The data is collected through surveys of microfinance institutions operating in Bangladesh.
Historical Context
Policymakers and analysts use this trend to assess the development of the microfinance industry and its contribution to financial inclusion objectives.
Key Facts
- Bangladesh has one of the largest microfinance sectors in the world.
- Microfinance institutions provide credit to over 25 million clients in Bangladesh.
- Loans from deposit-taking MFIs account for over 60% of the total microfinance portfolio in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans held by deposit-taking microfinance institutions (MFIs) in Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the level of microfinance activity and access to credit for underserved populations in Bangladesh, which is an important indicator of financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected through surveys of microfinance institutions operating in Bangladesh.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the development of the microfinance industry and its contribution to financial inclusion objectives in Bangladesh.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and potential limitations in coverage or reporting by microfinance institutions.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Deposit Taking Microfinance Institutions (MFIs) for Bangladesh (BGDFCSODMFXDC), retrieved from FRED.