Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCBODMFLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.00
Year-over-Year Change
2475.00%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of branches, excluding headquarters, operated by deposit-taking microfinance institutions (MFIs) in the 3 largest cities of Guinea. It provides insights into the geographical outreach and accessibility of MFI services across 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: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Guinea trend tracks the physical branch network of these MFIs beyond their central offices. It is an important indicator of financial inclusion and the ability of underserved populations to access microfinance products and services.
Methodology
The data is collected directly from deposit-taking MFIs operating in Guinea.
Historical Context
This trend is useful for policymakers, regulators, and financial analysts seeking to understand the geographic distribution and accessibility of microfinance services.
Key Facts
- Guinea has a population of over 13 million people.
- Microfinance plays a critical role in promoting financial inclusion in developing countries.
- The number of MFI branches can indicate the reach and accessibility of these services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, operated by deposit-taking microfinance institutions (MFIs) in the 3 largest cities of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographical outreach and accessibility of MFI services across Guinea, which is an important indicator of financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected directly from deposit-taking MFIs operating in Guinea.
Q: How is this trend used in economic policy?
A: This trend is useful for policymakers, regulators, and financial analysts seeking to understand the geographic distribution and accessibility of microfinance services in Guinea.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays or other limitations inherent in collecting information from individual MFIs.
Related Trends
Use of Financial Services Deposit Accounts: Small and Medium Enterprise Accounts at Commercial Banks for Guinea
GINFCAODCSNUM
Use of Financial Services: Number of Loan Accounts at Deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCNODMFNUM
Goods and Services: Debit for Guinea
GINBMGSBP6GDPPT
Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Guinea
GINFCBODUANUM
Use of Financial Services Borrowers: Persons Borrowing from Other Financial Intermediaries for Guinea
GINFCRMPENUM
Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 100,000 Adults for Guinea
GINFCMORANUM
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Guinea (GINFCBODMFLNUM), retrieved from FRED.