Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Other Financial Intermediaries for Nicaragua
NICFCBMONUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.00
Year-over-Year Change
470.00%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend tracks the number of branches, excluding headquarters, for other financial intermediaries in Nicaragua. It provides insights into the geographical outreach and accessibility of the country's non-bank 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 Branches, Excluding Headquarters, for Other Other Financial Intermediaries for Nicaragua metric measures the geographic distribution and proximity of financial services beyond traditional banks. This data point is useful for analyzing financial inclusion and the evolving landscape of Nicaragua's financial ecosystem.
Methodology
The data is collected and reported by the Central Bank of Nicaragua.
Historical Context
This trend is relevant for policymakers, economists, and financial analysts studying financial development and access in Nicaragua.
Key Facts
- The number of branches, excluding headquarters, for other financial intermediaries in Nicaragua reached a high of 1,206 in 2021.
- Nicaragua's non-bank financial sector has expanded its geographic footprint significantly over the past decade.
- The growth in branch networks has improved financial access for underserved populations in Nicaragua.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for other financial intermediaries in Nicaragua. It provides insights into the geographical outreach and accessibility of the country's non-bank financial sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and financial analysts studying financial inclusion and the evolving landscape of Nicaragua's financial ecosystem.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Nicaragua.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to assess financial development and access in Nicaragua, which can inform policies aimed at promoting financial inclusion and economic growth.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Nicaragua, but there may be occasional delays or limitations in reporting due to data collection challenges.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Other Financial Intermediaries for Nicaragua (NICFCBMONUM), retrieved from FRED.