Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Bosnia and Herzegovina
BIHFCIOFINUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.00
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the number of financial institutions, insurance corporations, and other financial corporations in Bosnia and Herzegovina. It provides insights into the development and structure 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 Bosnia and Herzegovina data series tracks the count of various types of financial entities operating in the country. This information is useful for analyzing the breadth and depth of the Bosnian financial system.
Methodology
The data is collected by the Central Bank of Bosnia and Herzegovina through regulatory reporting.
Historical Context
Policymakers and analysts use this trend to monitor the evolution of Bosnia's financial landscape and its implications for economic growth and stability.
Key Facts
- Bosnia and Herzegovina had 305 financial institutions in 2021.
- The number of insurance corporations in the country was 27 in 2021.
- Other financial corporations in Bosnia and Herzegovina totaled 92 in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of financial institutions, insurance corporations, and other financial corporations operating in Bosnia and Herzegovina.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the depth and structure of Bosnia's financial sector, which is important for understanding the country's economic development and stability.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Bosnia and Herzegovina through regulatory reporting.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the evolution of Bosnia's financial landscape and its implications for economic growth and stability.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and availability from the Central Bank of Bosnia and Herzegovina.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Bosnia and Herzegovina (BIHFCIOFINUM), retrieved from FRED.