Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Madagascar

MDGFCBODCLNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

140.00

Year-over-Year Change

133.33%

Date Range

1/1/2004 - 1/1/2015

Summary

This economic trend measures the number of commercial bank branches located in the three largest cities in Madagascar, excluding the headquarters. It provides insights into the geographical outreach and accessibility of the country's banking sector.

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 Commercial Banks for Madagascar indicator tracks the distribution of commercial bank branches across the three most populous cities in the country, excluding the main headquarters location. This metric is useful for analyzing the financial sector's geographical coverage and penetration.

Methodology

The data is collected directly from the central bank or financial regulatory authorities in Madagascar.

Historical Context

This trend is relevant for policymakers and financial analysts assessing the accessibility and inclusion of the Malagasy banking system.

Key Facts

  • Madagascar has a population of over 27 million people.
  • The three largest cities in Madagascar are Antananarivo, Toamasina, and Antsirabe.
  • Commercial banks play a crucial role in Madagascar's financial ecosystem.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of commercial bank branches located in the three largest cities in Madagascar, excluding the headquarters.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into the geographical outreach and accessibility of the Malagasy banking sector, which is important for assessing financial inclusion and the sector's development.

Q: How is this data collected or calculated?

A: The data is collected directly from the central bank or financial regulatory authorities in Madagascar.

Q: How is this trend used in economic policy?

A: This trend is relevant for policymakers and financial analysts assessing the accessibility and penetration of the Malagasy banking system.

Q: Are there update delays or limitations?

A: The data may be subject to periodic updates and potential delays in reporting by the responsible authorities.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Madagascar (MDGFCBODCLNUM), retrieved from FRED.