Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Estonia
ESTFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.56
Year-over-Year Change
-62.26%
Date Range
1/1/2004 - 1/1/2023
Summary
This indicator measures the number of commercial bank branches per 100,000 adults in Estonia, providing insights into the geographical outreach and accessibility of banking services.
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 Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Estonia metric tracks the density of bank branch infrastructure, a key factor in financial inclusion and the ability of the population to access banking services.
Methodology
The data is collected and calculated by the World Bank using national-level information on the number of commercial bank branches and population figures.
Historical Context
This indicator is used by policymakers and economists to assess the breadth of financial services available to the public.
Key Facts
- Estonia had 16.63 commercial bank branches per 100,000 adults as of the latest data.
- The number of bank branches per capita is a proxy for financial accessibility.
- Increasing branch density is a policy goal to promote inclusive banking.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the number of commercial bank branches per 100,000 adults in Estonia, providing insights into the geographical outreach and accessibility of banking services.
Q: Why is this trend relevant for users or analysts?
A: The density of bank branch infrastructure is a key factor in financial inclusion and the ability of the population to access banking services, making this indicator relevant for policymakers and economists assessing the breadth of financial services available.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national-level information on the number of commercial bank branches and population figures.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers and economists to assess the geographical outreach and accessibility of banking services, which is a critical component of financial inclusion and economic development.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Estonia (ESTFCBODCANUM), retrieved from FRED.