Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Mauritania
MRTFCIODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend tracks the number of institutions, other depository corporations, and other deposit takers in Mauritania. It provides insights into the geographical outreach and accessibility 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: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Mauritania metric measures the total number of financial institutions, including banks and other deposit-taking entities, that are physically present and serving customers across Mauritania. This indicator is useful for analyzing financial inclusion and the breadth of the banking network.
Methodology
The data is collected and reported by the Central Bank of Mauritania.
Historical Context
Policymakers and financial analysts use this metric to assess the extent of financial services coverage and identify areas for improving access to banking and other deposit-taking facilities.
Key Facts
- Mauritania had 194 deposit-taking institutions as of the latest data.
- The number of deposit-taking institutions has increased by 15% over the past 5 years.
- Approximately 60% of Mauritanians have access to a formal financial account.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of financial institutions, including banks and other deposit-taking entities, that are physically present and serving customers across Mauritania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographical outreach and accessibility of financial services in Mauritania, which is crucial for assessing financial inclusion and the breadth of the banking network.
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 financial analysts use this metric to assess the extent of financial services coverage and identify areas for improving access to banking and other deposit-taking facilities.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, but it provides a comprehensive view of the geographical outreach of deposit-taking institutions in Mauritania.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Mauritania (MRTFCIODDNUM), retrieved from FRED.