Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Mauritania
MRTFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.16
Year-over-Year Change
168.84%
Date Range
1/1/2007 - 1/1/2023
Summary
This economic trend measures the number of commercial bank branches per 100,000 adults in Mauritania. It provides insights into the level of financial inclusion and access to banking 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 Commercial Bank Branches Per 100,000 Adults for Mauritania statistic reflects the density of banking infrastructure relative to the adult population. It is an important indicator of financial development and the ability of the public to access formal financial services.
Methodology
The data is collected and calculated by the World Bank based on national sources.
Historical Context
This trend is widely used by policymakers, economists, and financial institutions to assess financial inclusion and guide policies aimed at expanding access to banking services.
Key Facts
- Mauritania had 2.84 commercial bank branches per 100,000 adults in 2020.
- The trend has shown a steady increase from 2.13 branches per 100,000 adults in 2010.
- Expanding banking access is a key priority for Mauritania's economic development strategy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 100,000 adults in Mauritania, providing insights into the level of financial inclusion and access to banking services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of financial development and the ability of the public to access formal financial services, which is crucial for economic growth and poverty reduction.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national sources.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and financial institutions to assess financial inclusion and guide policies aimed at expanding access to banking services in Mauritania.
Q: Are there update delays or limitations?
A: The data is updated annually, with the latest figures available for 2020. There may be some delays in reporting from national sources, but the trend provides a reliable measure of banking infrastructure in Mauritania over time.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Mauritania (MRTFCBODCANUM), retrieved from FRED.