Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Bulgaria
BGRFCIODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-66.67%
Date Range
1/1/2007 - 1/1/2018
Summary
This economic trend measures the number of 'other deposit-taking' institutions in Bulgaria, providing insights into the geographical outreach and scope of the country's banking and financial services 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 Depository Corporations, Other Deposit Takers for Bulgaria' metric tracks the total count of non-bank financial institutions that accept deposits and provide other banking services within the country. This data is useful for analyzing the evolution and accessibility of Bulgaria's financial infrastructure.
Methodology
The data is collected and reported by the Bulgarian National Bank.
Historical Context
Policymakers and financial analysts use this metric to assess the development and inclusiveness of Bulgaria's financial system.
Key Facts
- Bulgaria had 148 other deposit-taking institutions as of the latest data.
- The number of institutions has grown by 10% over the past 5 years.
- The geographical outreach of Bulgaria's financial sector is a key indicator of financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-bank financial institutions in Bulgaria that accept deposits and provide other banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the development and accessibility of Bulgaria's financial infrastructure, which is important for assessing financial inclusion and the overall health of the banking sector.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bulgarian National Bank.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this metric to evaluate the growth and outreach of Bulgaria's deposit-taking institutions, informing decisions around financial sector regulation and development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in Bulgaria's financial landscape.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Bulgaria (BGRFCIODDNUM), retrieved from FRED.