Use of Financial Services: Number of Depositors at Commercial Banks for Mauritania
MRTFCDODCPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,351,709.00
Year-over-Year Change
603.93%
Date Range
1/1/2012 - 1/1/2023
Summary
This economic trend measures the number of depositors at commercial banks in Mauritania. It provides insights into the level of financial inclusion and banking sector activity 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 number of depositors at commercial banks is an important indicator of financial sector development and access to financial services. It reflects the extent to which the population and businesses are integrated into the formal banking system.
Methodology
The data is collected and reported by the Central Bank of Mauritania.
Historical Context
Policymakers and economists use this trend to assess the progress of financial inclusion initiatives and the overall health of the banking sector.
Key Facts
- Mauritania has a population of over 4.6 million people.
- The number of depositors at commercial banks in Mauritania has steadily increased in recent years.
- Financial inclusion is a key priority for the Mauritanian government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of depositors at commercial banks in Mauritania. It reflects 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 provides insights into the development of the financial sector and the progress of financial inclusion initiatives in Mauritania. It is relevant for policymakers, economists, and analysts studying the country's economic and financial landscape.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Mauritania.
Q: How is this trend used in economic policy?
A: Policymakers and institutions use this trend to assess the effectiveness of financial inclusion programs and to inform policies aimed at expanding access to banking services in Mauritania.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and availability from the Central Bank of Mauritania. There may be occasional delays or gaps in the data.
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Citation
U.S. Federal Reserve, Use of Financial Services: Number of Depositors at Commercial Banks for Mauritania (MRTFCDODCPENUM), retrieved from FRED.