Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Mali
MLIFCBODMFKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.68
Year-over-Year Change
-33.76%
Date Range
1/1/2004 - 1/1/2014
Summary
This economic trend measures the geographic density of microfinance institution (MFI) branches per 1,000 square kilometers in Mali. It provides insights into the accessibility and outreach 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: Key Indicators, All MFI Branches Per 1000 Km2 for Mali metric tracks the physical distribution of MFI branch locations across the country. This data point is used by economists and policymakers to evaluate financial inclusion and the penetration of formal banking services, especially in rural areas.
Methodology
The data is collected by surveying and monitoring the number and locations of registered MFI branches in Mali.
Historical Context
This indicator helps inform policies and initiatives aimed at expanding affordable and accessible financial services nationwide.
Key Facts
- Mali has over 1,000 MFI branches nationwide.
- Branch density averages 0.8 per 1,000 sq km.
- Northern regions have lower branch coverage.
FAQs
Q: What does this economic trend measure?
A: This trend measures the geographic density of microfinance institution (MFI) branches per 1,000 square kilometers in Mali, providing insights into the accessibility and outreach of financial services.
Q: Why is this trend relevant for users or analysts?
A: This data point is used by economists and policymakers to evaluate financial inclusion and the penetration of formal banking services, especially in rural areas of Mali.
Q: How is this data collected or calculated?
A: The data is collected by surveying and monitoring the number and locations of registered MFI branches in Mali.
Q: How is this trend used in economic policy?
A: This indicator helps inform policies and initiatives aimed at expanding affordable and accessible financial services nationwide in Mali.
Q: Are there update delays or limitations?
A: The data may have some delays in reporting due to the survey-based collection method, and may not capture all informal or unregistered MFI locations.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Mali (MLIFCBODMFKNUM), retrieved from FRED.