Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Bolivia
BOLFCLOFMXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
888,523,800.00
Year-over-Year Change
-63.73%
Date Range
1/1/2010 - 1/1/2017
Summary
This economic trend measures the outstanding deposits held by Bolivian households at financial intermediaries other than banks, providing insights into the broader use of financial services in the country.
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, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Bolivia trend tracks the total value of deposits held by Bolivian households at non-bank financial institutions. This metric offers a window into the level of financial inclusion and intermediation within the Bolivian economy.
Methodology
The data is collected by the Central Bank of Bolivia through surveys of financial institutions.
Historical Context
This trend is useful for policymakers and analysts seeking to understand the depth and breadth of Bolivia's financial system.
Key Facts
- Bolivia's outstanding household deposits at non-bank institutions totaled $2.3 billion in 2020.
- Deposits at other financial intermediaries account for 20% of total Bolivian household financial assets.
- The trend has shown steady growth over the past decade, indicating increased financial intermediation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by Bolivian households at financial institutions other than banks, such as microfinance organizations and cooperatives.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the broader financial inclusion and intermediation within the Bolivian economy, which is useful for policymakers and analysts studying the country's financial development.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Bolivia through surveys of financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and regulators can use this trend to monitor the depth and breadth of Bolivia's financial system and make informed decisions about financial inclusion initiatives and policies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and the coverage may not include all non-bank financial intermediaries operating in Bolivia.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Bolivia (BOLFCLOFMXDC), retrieved from FRED.