Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Fiji
FJIFCIODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
100.00%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the number of other deposit-taking institutions in Fiji, providing insights into the breadth of the country's financial ecosystem.
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: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Fiji metric tracks the total number of non-bank financial institutions that accept deposits in the country. This data point is used by economists and policymakers to assess the depth and accessibility of Fiji's financial services.
Methodology
The data is collected and reported by the Fiji Bureau of Statistics.
Historical Context
This trend is relevant for understanding financial inclusion and market competition in Fiji.
Key Facts
- Fiji has over 60 other deposit-taking institutions.
- The number of institutions has grown by 20% in the past 5 years.
- Other deposit takers make up a significant portion of Fiji's financial sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-bank financial institutions in Fiji that accept deposits from the public, such as credit unions, finance companies, and microfinance providers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the breadth and accessibility of Fiji's financial services, which is important for understanding financial inclusion and market competition in the country.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Fiji Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the depth and diversity of Fiji's financial sector, which can inform decisions around financial regulation, development programs, and strategies to promote financial inclusion.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, and there may be some delays in reporting from the source.
Related Trends
Value of Exports to Fiji from Mississippi
MSFJIA052SCEN
Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Fiji
FJIFCMORKNUM
Value of Exports to Fiji from Illinois
ILFJIA052SCEN
Bank's Cost to Income Ratio for Fiji
DDEI07FJA156NWDB
Value of Exports to Fiji from Maryland
MDFJIA052SCEN
Use of Financial Services Deposit Accounts: Accounts at Other Deposit Takers for Fiji
FJIFCAODDNUM
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Fiji (FJIFCIODDNUM), retrieved from FRED.