Number of Bank Branches for Brazil
DDAI02BRA643NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.88
Year-over-Year Change
-6.84%
Date Range
1/1/2004 - 1/1/2020
Summary
The 'Number of Bank Branches for Brazil' metric tracks the total number of bank branches operating within Brazil. This data point is crucial for economists and policymakers to assess the accessibility and density of financial 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
This economic indicator represents the total count of physical bank branches located throughout Brazil. It serves as an important measure of financial inclusion and the overall development of the country's banking infrastructure.
Methodology
The data is collected and reported by the World Bank through its Global Financial Development Database.
Historical Context
Trends in the number of bank branches provide insight into the expansion or consolidation of the Brazilian banking sector and can inform economic and regulatory policy decisions.
Key Facts
- Brazil had over 23,000 bank branches as of the latest data.
- The number of bank branches in Brazil has grown by over 50% since 2005.
- Brazil has one of the highest bank branch densities in Latin America.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Bank Branches for Brazil' metric tracks the total count of physical bank branches operating within the country.
Q: Why is this trend relevant for users or analysts?
A: This data point is crucial for assessing financial inclusion and the development of Brazil's banking infrastructure, which is relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank through its Global Financial Development Database.
Q: How is this trend used in economic policy?
A: Trends in the number of bank branches provide insight into the expansion or consolidation of the Brazilian banking sector, which can inform economic and regulatory policy decisions.
Q: Are there update delays or limitations?
A: The data is published with some delay, and may not capture the most recent changes in Brazil's banking infrastructure.
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Citation
U.S. Federal Reserve, Number of Bank Branches for Brazil (DDAI02BRA643NWDB), retrieved from FRED.