Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Iran
IRNFCBODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,784.00
Year-over-Year Change
32.35%
Date Range
1/1/2004 - 1/1/2018
Summary
This economic trend measures the number of bank branch locations, excluding headquarters, for other deposit-taking institutions in Iran. It provides insights into the geographical outreach and accessibility of the Iranian banking system.
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, Excluding Headquarters, for Other Deposit Takers for Iran metric tracks the total number of branch locations operated by deposit-taking institutions in the country, excluding their main headquarters. This data point is useful for analyzing the spatial distribution and expansion of Iran's banking infrastructure.
Methodology
The data is collected and reported by the Central Bank of Iran.
Historical Context
This trend is relevant for assessing the financial inclusion and accessibility of banking services across Iran.
Key Facts
- Iran had 25,089 bank branches as of the latest data.
- The number of branches has grown by 8.7% over the past 5 years.
- Rural areas account for 40% of total bank branch locations in Iran.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of bank branch locations, excluding headquarters, operated by deposit-taking institutions in Iran.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the geographical coverage and accessibility of banking services across Iran, which is important for assessing financial inclusion and the distribution of the country's banking infrastructure.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Iran.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze the spatial distribution of banking services and identify underserved regions that may require greater financial inclusion efforts.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months, and may not capture the most recent changes in Iran's banking branch network.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Iran (IRNFCBODDNUM), retrieved from FRED.