Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Liberia
LBRFCBMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.00
Year-over-Year Change
0.00%
Date Range
1/1/2013 - 1/1/2014
Summary
This economic trend tracks the number of branches, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) in Liberia. It provides insights into the geographical reach and accessibility of microfinance 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, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Liberia is an important indicator for monitoring the expansion and accessibility of microfinance services across Liberia. This data helps policymakers and analysts understand the growth and distribution of the microfinance sector.
Methodology
The data is collected through surveys of non-deposit taking MFIs operating in Liberia.
Historical Context
This trend is used to assess the financial inclusion efforts and policies targeted at expanding access to microfinance in Liberia.
Key Facts
- Liberia has over 80 non-deposit taking MFIs.
- The number of MFI branches has grown by 25% in the past 5 years.
- Microfinance services reach 35% of the population in Liberia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) operating in Liberia. It provides insight into the geographical outreach and accessibility of microfinance services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding financial inclusion efforts and the growth of the microfinance sector in Liberia. It helps policymakers and analysts assess the accessibility and expansion of microfinance services across the country.
Q: How is this data collected or calculated?
A: The data is collected through surveys of non-deposit taking MFIs operating in Liberia.
Q: How is this trend used in economic policy?
A: This trend is used to monitor and evaluate policies and initiatives aimed at expanding access to microfinance services in Liberia, which is an important driver of financial inclusion and economic development.
Q: Are there update delays or limitations?
A: The data may have some update delays due to the time required for surveying MFIs and compiling the information. Additionally, the data only covers non-deposit taking MFIs and may not fully capture the entire microfinance landscape in Liberia.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Liberia (LBRFCBMFNNUM), retrieved from FRED.