Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Cote d'Ivoire

CIVFCDODCANUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

278.05

Year-over-Year Change

123.48%

Date Range

1/1/2004 - 1/1/2022

Summary

This economic trend measures the number of depositors with commercial banks per 1,000 adults in Côte d'Ivoire, providing insights into financial inclusion and access to banking services.

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: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Cote d'Ivoire' metric tracks the level of financial inclusion by monitoring the prevalence of commercial bank account holders within the adult population.

Methodology

The data is collected and reported by the World Bank as part of its Global Financial Inclusion (Global Findex) database.

Historical Context

This trend is of interest to policymakers, economists, and development organizations focused on enhancing financial access and promoting sustainable economic growth.

Key Facts

  • Côte d'Ivoire had 346 depositors per 1,000 adults in 2017.
  • Financial inclusion has increased in Côte d'Ivoire over the past decade.
  • Access to banking services is an important driver of economic growth.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of depositors with commercial banks per 1,000 adults in Côte d'Ivoire, providing insights into financial inclusion and access to banking services.

Q: Why is this trend relevant for users or analysts?

A: This trend is relevant for policymakers, economists, and development organizations focused on enhancing financial access and promoting sustainable economic growth in Côte d'Ivoire.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank as part of its Global Financial Inclusion (Global Findex) database.

Q: How is this trend used in economic policy?

A: This trend is used by policymakers, economists, and development organizations to assess the level of financial inclusion and inform policies aimed at improving access to banking services and promoting economic development.

Q: Are there update delays or limitations?

A: The data is typically updated every 3 years as part of the World Bank's Global Findex survey, so there may be delays in the most recent data availability.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Cote d'Ivoire (CIVFCDODCANUM), retrieved from FRED.