Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Iraq
IRQFCBODDLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
1/1/2007 - 1/1/2015
Summary
This economic indicator tracks the number of branches, excluding headquarters, of other deposit-taking institutions in the three largest cities in Iraq. It provides insights into the geographical outreach and accessibility of financial services in 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 Other Deposit Takers for Iraq series measures the branch network of non-bank financial institutions, such as microfinance providers and credit unions, in the three most populous cities in Iraq, excluding their head offices. This data point is used to assess the geographic distribution and accessibility of financial services for households and businesses.
Methodology
The data is collected through surveys of financial institutions by the Central Bank of Iraq.
Historical Context
This indicator is relevant for policymakers and analysts studying financial inclusion and the development of Iraq's banking and financial sector.
Key Facts
- Iraq has three major cities: Baghdad, Basra, and Mosul.
- The number of non-bank financial institution branches in these cities, excluding headquarters, is a key metric of financial accessibility.
- Tracking this indicator helps policymakers understand financial inclusion challenges in Iraq.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of branches, excluding headquarters, of other deposit-taking institutions in the three largest cities in Iraq. It provides insights into the geographical outreach and accessibility of financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This data point is used to assess the geographic distribution and accessibility of financial services for households and businesses, which is crucial for understanding financial inclusion in Iraq.
Q: How is this data collected or calculated?
A: The data is collected through surveys of financial institutions by the Central Bank of Iraq.
Q: How is this trend used in economic policy?
A: This indicator is relevant for policymakers and analysts studying financial inclusion and the development of Iraq's banking and financial sector.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and potential coverage limitations, as it depends on the reporting of financial institutions to the Central Bank of Iraq.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Iraq (IRQFCBODDLNUM), retrieved from FRED.