Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Mauritania
MRTFCRODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.93
Year-over-Year Change
190.62%
Date Range
1/1/2008 - 1/1/2023
Summary
This economic trend measures the number of borrowers from commercial banks per 1,000 adults in Mauritania. It provides insights into the level of financial inclusion and access to credit within 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 'Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Mauritania' trend represents the level of access to formal banking services by the adult population in Mauritania. It is a key indicator of financial inclusion and the degree to which the population is integrated into the formal financial system.
Methodology
This data is collected and calculated by the World Bank based on information provided by central banks and national statistical offices.
Historical Context
Policymakers and economists use this trend to assess the development of Mauritania's financial sector and identify areas for improvement in financial inclusion.
Key Facts
- Mauritania's borrowers from commercial banks per 1,000 adults was 18.02 in 2017.
- The trend has shown a gradual increase over the past decade.
- Financial inclusion remains a challenge in Mauritania compared to other African countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of borrowers from commercial banks per 1,000 adults in Mauritania, providing insights into the level of financial inclusion and access to credit within the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers and economists as it helps assess the development of Mauritania's financial sector and identify areas for improvement in financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information provided by central banks and national statistical offices.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the level of financial inclusion and access to credit in Mauritania, which informs policies aimed at promoting economic development and financial sector growth.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and can be limited by the availability of information from national sources.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Deposits with Credit Unions and Financial Cooperatives for Mauritania
MRTFCLODUGGDPPT
Firms with a Bank Loan or Line of Credit to Total Firms for Mauritania
DDAI03MRA156NWDB
Value of Exports to Mauritania from Nevada
NVMRTA052SCEN
Fertility Rate, Total for Mauritania
SPDYNTFRTINMRT
Gross National Income for Mauritania
MKTGNIMRA646NWDB
Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Mauritania
MRTFCIODDNUM
Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Mauritania (MRTFCRODCANUM), retrieved from FRED.