Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Montserrat
MSRFCIOFMNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-66.67%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of financial institutions, other financial corporations, and other financial intermediaries operating in Montserrat. It provides insights into the depth and diversity of the country's financial sector.
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 Financial Corporations, Other Financial Intermediaries for Montserrat tracks the total count of these entities in the territory. This data is used by economists and policymakers to assess the financial infrastructure and potential for growth in Montserrat's economy.
Methodology
The data is collected by the U.S. Federal Reserve through surveys and regulatory reporting.
Historical Context
This trend is relevant for understanding Montserrat's financial market development and the availability of financial services for businesses and consumers.
Key Facts
- Montserrat has a population of around 5,000 people.
- The territory's GDP was approximately $66 million in 2020.
- Financial services account for a significant portion of Montserrat's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of financial institutions, other financial corporations, and other financial intermediaries operating in Montserrat.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the depth and diversity of Montserrat's financial sector, which is important for understanding the territory's economic development and growth potential.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys and regulatory reporting.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the financial infrastructure and availability of financial services in Montserrat, which informs decisions about economic development and financial sector policies.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting and can be influenced by changes in regulatory reporting requirements or survey methodologies.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Montserrat (MSRFCIOFMNUM), retrieved from FRED.