Number of Bank Branches for United Arab Emirates
DDAI02AEA643NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.98
Year-over-Year Change
-35.20%
Date Range
1/1/2004 - 1/1/2020
Summary
The 'Number of Bank Branches for United Arab Emirates' trend measures the total number of commercial bank branches operating in the United Arab Emirates. This data point is a key indicator of financial sector activity 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 branches reflects the physical infrastructure and reach of the banking system. It serves as a proxy for financial inclusion and the availability of banking services for businesses and individuals across the UAE.
Methodology
The data is collected through surveys of commercial banks and financial institutions operating in the United Arab Emirates.
Historical Context
Policymakers and economists use this metric to evaluate the development and accessibility of the UAE's financial sector.
Key Facts
- The UAE had over 950 bank branches as of the latest data.
- Branch density is highest in major cities like Dubai and Abu Dhabi.
- The number of branches has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Bank Branches for United Arab Emirates' metric tracks the total number of commercial bank branches operating in the UAE.
Q: Why is this trend relevant for users or analysts?
A: This data point is an important indicator of financial sector development and accessibility of banking services for businesses and individuals in the UAE.
Q: How is this data collected or calculated?
A: The data is collected through surveys of commercial banks and financial institutions operating in the United Arab Emirates.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate the growth and inclusiveness of the UAE's financial sector.
Q: Are there update delays or limitations?
A: The data may have a lag of several months before being published.
Related Trends
Life Expectancy at Birth, Total for the United Arab Emirates
SPDYNLE00INARE
Inflation, consumer prices for the United Arab Emirates
FPCPITOTLZGARE
Net Issues of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in United Arab Emirates
IDSGAMRINIAE
Number of Identified Exporters to United Arab Emirates from Maryland
MDAREA475SCEN
Value of Exports to United Arab Emirates from Iowa
IAAREA052SCEN
Value of Exports to United Arab Emirates from Washington
WAAREA052SCEN
Citation
U.S. Federal Reserve, Number of Bank Branches for United Arab Emirates (DDAI02AEA643NWDB), retrieved from FRED.