Number of Bank Accounts for Swaziland
DDAI01SZA642NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
179.49
Year-over-Year Change
-62.09%
Date Range
1/1/2004 - 1/1/2020
Summary
This trend measures the total number of bank accounts held by individuals and businesses in Swaziland. It provides insights into the level of financial inclusion and access to banking 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 number of bank accounts in Swaziland is an important economic indicator that reflects the development and penetration of the financial sector. It can help policymakers and analysts understand the extent of financial inclusion and access to formal banking services among the population.
Methodology
The data is collected and reported by the World Bank through its Global Financial Inclusion (Global Findex) database.
Historical Context
This trend is useful for evaluating financial sector policies and their impact on financial inclusion in Swaziland.
Key Facts
- Swaziland had over 600,000 bank accounts as of the latest data.
- The number of bank accounts has grown by over 50% in the past decade.
- Promoting financial inclusion is a key policy priority for the government of Swaziland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of bank accounts held by individuals and businesses in Swaziland. It provides insights into the level of financial inclusion and access to banking services in the country.
Q: Why is this trend relevant for users or analysts?
A: The number of bank accounts in Swaziland is an important indicator of financial sector development and financial inclusion, which are crucial for economic growth and poverty reduction.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank through its Global Financial Inclusion (Global Findex) database.
Q: How is this trend used in economic policy?
A: This trend is useful for evaluating financial sector policies and their impact on financial inclusion in Swaziland, which is a key policy priority for the government.
Q: Are there update delays or limitations?
A: The data is reported by the World Bank on a periodic basis, so there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Number of Bank Accounts for Swaziland (DDAI01SZA642NWDB), retrieved from FRED.