Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Kiribati
KIRFCRODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.15
Year-over-Year Change
74.16%
Date Range
1/1/2011 - 1/1/2013
Summary
This economic trend measures the number of borrowers from commercial banks per 1,000 adults in Kiribati, providing insights into the utilization 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 'Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Kiribati' series tracks the accessibility and adoption of formal banking services among the adult population in Kiribati. This metric is used by economists and policymakers to evaluate financial inclusion and the development of the country's banking sector.
Methodology
The data is collected by the World Bank through household surveys and national banking authorities.
Historical Context
This trend is relevant for analyzing financial sector policies and their impact on economic growth and poverty reduction in Kiribati.
Key Facts
- Kiribati is a Pacific island nation with a population of around 120,000 people.
- The number of borrowers from commercial banks per 1,000 adults in Kiribati was 56.84 in 2017.
- Financial inclusion is a key development priority for the Kiribati government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of borrowers from commercial banks per 1,000 adults in Kiribati, providing insights into the utilization of formal financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to evaluate financial inclusion and the development of Kiribati's banking sector, which is crucial for economic growth and poverty reduction.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through household surveys and national banking authorities.
Q: How is this trend used in economic policy?
A: This trend is relevant for analyzing financial sector policies and their impact on economic development in Kiribati.
Q: Are there update delays or limitations?
A: The data may be subject to delays in collection and publication by the World Bank and national authorities.
Related Trends
Number of Identified Exporters to Kiribati from Montana
MTKIRA475SCEN
Number of Identified Exporters to Kiribati from Alabama
ALKIRA475SCEN
Bank's Return on Equity for Kiribati
DDEI06KIA156NWDB
Number of Identified Exporters to Kiribati from Texas
TXKIRA475SCEN
Number of Identified Exporters to Kiribati from South Carolina
SCKIRA475SCEN
Value of Exports to Kiribati from Oregon
ORKIRA052SCEN
Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Kiribati (KIRFCRODCANUM), retrieved from FRED.