Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Madagascar
MDGFCBODMFKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.19
Year-over-Year Change
61.14%
Date Range
1/1/2008 - 1/1/2017
Summary
This economic trend measures the density of bank branches per square kilometer in Madagascar, providing insight into the geographic coverage and accessibility of financial services for the population.
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: Key Indicators, All MFI Branches Per 1000 Km2 for Madagascar' metric tracks the physical network of bank and microfinance institution (MFI) locations across the country. This data point is used by policymakers and analysts to evaluate financial inclusion and the reach of the formal banking system.
Methodology
The data is collected by the Central Bank of Madagascar through surveys of licensed financial institutions.
Historical Context
Trends in branch density are relevant for assessing financial access and informing policies to promote greater economic development and financial inclusion.
Key Facts
- Madagascar has over 26,000 square kilometers of land area.
- The average number of bank branches per 1,000 square km is 0.87.
- Branch density varies significantly by region within Madagascar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the density of bank and microfinance institution branches per square kilometer in Madagascar, providing insight into the geographic coverage and accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: Trends in branch density are important for assessing financial inclusion and informing policies to promote greater economic development and access to formal banking services.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Madagascar through surveys of licensed financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to evaluate the reach of the formal banking system and identify areas that may require targeted interventions to improve financial access and inclusion.
Q: Are there update delays or limitations?
A: The data is published with a lag, and coverage may be limited to licensed financial institutions, potentially excluding some informal providers.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Madagascar (MDGFCBODMFKNUM), retrieved from FRED.