Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Ethiopia
ETHFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.49
Year-over-Year Change
1632.26%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of commercial bank branches per 100,000 adults in Ethiopia. It provides insight into the geographical accessibility 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
The 'Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Ethiopia' series tracks the density of bank branches in relation to the adult population. This metric is used to assess financial inclusion and the reach of the banking system.
Methodology
The data is collected by the International Monetary Fund and calculated as the number of commercial bank branches per 100,000 adults.
Historical Context
This trend is relevant for evaluating financial sector development and identifying areas that may lack adequate access to banking services.
Key Facts
- Ethiopia had 3.93 commercial bank branches per 100,000 adults in 2020.
- The branch density increased from 2.75 in 2010 to 3.93 in 2020.
- Improving financial inclusion is a key policy priority in Ethiopia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 100,000 adults in Ethiopia, providing insight into the geographical accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is used to assess financial inclusion and the reach of the banking system, which is important for evaluating financial sector development and identifying areas that may lack adequate access to banking services.
Q: How is this data collected or calculated?
A: The data is collected by the International Monetary Fund and calculated as the number of commercial bank branches per 100,000 adults.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and economists in evaluating financial sector development and identifying areas that may need improved access to banking services.
Q: Are there update delays or limitations?
A: The data is updated annually, with the most recent year available being 2020.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Ethiopia (ETHFCBODCANUM), retrieved from FRED.