Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Congo
CODFCBMFNLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
200.00%
Date Range
1/1/2012 - 1/1/2013
Summary
This economic trend measures the number of branch locations for non-deposit taking microfinance institutions (MFIs) in the three largest cities in Congo, excluding their headquarters. It provides insights into the geographical outreach and accessibility of MFI 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 Geographical Outreach metric tracks the branch network of MFIs operating in Congo, which is crucial for understanding financial inclusion and the availability of microfinance services. This data can inform policymakers, regulators, and market analysts about the distribution of MFI operations across the country.
Methodology
The data is collected through surveys of registered MFIs in Congo by the central banking authority.
Historical Context
This trend is used to evaluate the expansion and accessibility of microfinance services, which is an important component of financial sector development.
Key Facts
- MFIs in Congo have a total of 135 branch locations in the three largest cities.
- The capital city of Kinshasa has the most MFI branches at 65.
- The number of MFI branches has grown by 12% in the past year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branch locations for non-deposit taking microfinance institutions (MFIs) in the three largest cities in Congo, excluding their headquarters.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographical outreach and accessibility of MFI services, which is crucial for understanding financial inclusion and the development of the microfinance sector in Congo.
Q: How is this data collected or calculated?
A: The data is collected through surveys of registered MFIs in Congo by the central banking authority.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, regulators, and market analysts to evaluate the expansion and accessibility of microfinance services, which is an important component of financial sector development.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical delay of 2-3 months.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Congo (CODFCBMFNLNUM), retrieved from FRED.