Number of Bank Branches for Kyrgyzstan
DDAI02KGA643NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.55
Year-over-Year Change
10.70%
Date Range
1/1/2004 - 1/1/2020
Summary
The 'Number of Bank Branches for Kyrgyzstan' economic trend measures the total number of commercial bank branches operating within Kyrgyzstan. This metric is important for understanding 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
This trend represents the physical presence of the commercial banking sector in Kyrgyzstan. It is used by economists and policymakers to analyze the geographic distribution and density of financial services, which is a key factor in promoting economic development and financial stability.
Methodology
The data is collected by the World Bank through national banking regulators and statistical agencies.
Historical Context
Tracking bank branch numbers helps inform policies aimed at improving financial access and literacy.
Key Facts
- Kyrgyzstan had 522 commercial bank branches as of 2020.
- Bank branch density in Kyrgyzstan is 8.4 per 100,000 adults.
- The number of bank branches in Kyrgyzstan has grown by 44% since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial bank branches operating within Kyrgyzstan. It provides an indicator of the physical distribution and accessibility of banking services in the country.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of bank branches is important for understanding financial inclusion and access to banking services, which are key drivers of economic development and financial stability.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through surveys of national banking regulators and statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers use this data to inform policies aimed at improving financial access and literacy, with the goal of promoting broader economic development.
Q: Are there update delays or limitations?
A: The data is updated annually with a short lag, and may be subject to variations in reporting by national authorities.
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Citation
U.S. Federal Reserve, Number of Bank Branches for Kyrgyzstan (DDAI02KGA643NWDB), retrieved from FRED.