Number of Bank Accounts for Tajikistan
DDAI01TJA642NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
987.98
Year-over-Year Change
316.24%
Date Range
1/1/2004 - 1/1/2020
Summary
The Number of Bank Accounts for Tajikistan measures the total number of deposit accounts held by individuals and businesses in Tajikistan's banking system. This metric is valuable for analyzing financial inclusion and the development of the country's banking sector.
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
This data series tracks the total number of deposit accounts, including both personal and commercial accounts, across Tajikistan's banks and other deposit-taking institutions. It provides insight into the breadth of financial services access and participation in the formal banking system.
Methodology
The data is collected by the World Bank from national central bank and financial sector regulatory authorities.
Historical Context
Trends in bank account penetration are used by policymakers, economists, and development organizations to assess financial inclusion and the growth of the banking industry in Tajikistan.
Key Facts
- Tajikistan had over 3.5 million bank accounts as of 2020.
- Bank account penetration has grown from 30% of the adult population in 2011 to 46% in 2017.
- The government aims to reach 60% financial inclusion by 2025.
FAQs
Q: What does this economic trend measure?
A: The Number of Bank Accounts for Tajikistan tracks the total number of deposit accounts held by individuals and businesses in the country's banking system.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into financial inclusion and the development of Tajikistan's banking sector, which are important factors for economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national central bank and financial sector regulatory authorities in Tajikistan.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and development organizations use this data to assess financial access and the growth of the banking industry in Tajikistan.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of 1-2 years, so the most recent figures may not reflect the current state of the banking sector.
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Citation
U.S. Federal Reserve, Number of Bank Accounts for Tajikistan (DDAI01TJA642NWDB), retrieved from FRED.