Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Guinea
GINFCBODULNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.00
Year-over-Year Change
142.86%
Date Range
1/1/2004 - 1/1/2015
Summary
This trend measures the number of branch locations operated by credit unions and financial cooperatives 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 number of branch locations outside of headquarters is an indicator of the geographical outreach and accessibility of financial services provided by credit unions and cooperatives in Guinea.
Methodology
The data is collected through surveys of financial institutions.
Historical Context
This metric is used to assess the penetration and distribution of community-based financial services.
Key Facts
- Guinea has a population of over 13 million people.
- The three largest cities in Guinea are Conakry, Kankan, and Boké.
- Credit unions and cooperatives play a key role in expanding financial access in Guinea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branch locations operated by credit unions and financial cooperatives in the three largest cities in Guinea, excluding their headquarters.
Q: Why is this trend relevant for users or analysts?
A: The number of branch locations outside of headquarters is an indicator of the geographical outreach and accessibility of financial services provided by credit unions and cooperatives in Guinea.
Q: How is this data collected or calculated?
A: The data is collected through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: This metric is used to assess the penetration and distribution of community-based financial services in Guinea.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and may not capture all financial institutions in the country.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Guinea (GINFCBODULNUM), retrieved from FRED.