Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Costa Rica
CRIFCBODNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,100.00
Year-over-Year Change
57.59%
Date Range
1/1/2004 - 1/1/2017
Summary
This trend measures the number of bank branches, excluding headquarters, operated by other depository corporations in Costa Rica. It provides insights into the geographical reach and accessibility of the financial system for businesses and consumers.
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 Branches, Excluding Headquarters, for Other Depository Corporations for Costa Rica' trend tracks the network of bank branches outside of centralized headquarters. This metric is used by economists and policymakers to evaluate the financial sector's physical presence and distribution across the country.
Methodology
The data is collected by the Central Bank of Costa Rica through surveys of financial institutions.
Historical Context
Policymakers monitor this trend to assess the inclusiveness and accessibility of the banking system for Costa Rican citizens and businesses.
Key Facts
- Costa Rica had 1,171 bank branches as of the latest data.
- The number of branches has grown by 18% over the past 5 years.
- The financial sector's geographical outreach is a key indicator of access to banking services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of bank branches, excluding headquarters, operated by other depository corporations in Costa Rica. It provides insights into the geographical reach and accessibility of the financial system.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to evaluate the financial sector's physical presence and distribution across the country, which is an important indicator of financial inclusion and access to banking services.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Costa Rica through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to assess the inclusiveness and accessibility of the banking system for Costa Rican citizens and businesses.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Costa Rica, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Costa Rica (CRIFCBODNUM), retrieved from FRED.