Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCBMFNLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
33.33%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of branches operated by non-deposit taking microfinance institutions (MFIs) in the three largest cities in Guinea, excluding their headquarters.
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 of MFIs is an important indicator of financial inclusion and access to credit in developing economies. This data series provides insights into the expansion and penetration of MFI services across Guinea's major urban centers.
Methodology
The data is collected through surveys of non-deposit taking MFIs operating in Guinea.
Historical Context
Policymakers and development organizations use this metric to evaluate the progress of financial inclusion initiatives.
Key Facts
- Guinea has 3 largest cities by population.
- Non-deposit taking MFIs operate branch networks.
- This data excludes MFI headquarters locations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches operated by non-deposit taking microfinance institutions (MFIs) in the three largest cities in Guinea, excluding their headquarters.
Q: Why is this trend relevant for users or analysts?
A: The geographical outreach of MFIs is an important indicator of financial inclusion and access to credit in developing economies like Guinea.
Q: How is this data collected or calculated?
A: The data is collected through surveys of non-deposit taking MFIs operating in Guinea.
Q: How is this trend used in economic policy?
A: Policymakers and development organizations use this metric to evaluate the progress of financial inclusion initiatives in Guinea.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in survey coverage of all non-deposit taking MFIs in Guinea.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Guinea (GINFCBMFNLNUM), retrieved from FRED.