Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Portugal
PRTFCBODUKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.65
Year-over-Year Change
-17.72%
Date Range
1/1/2007 - 1/1/2023
Summary
This economic indicator measures the geographic distribution of credit union and financial cooperative branches per 1,000 square kilometers in Portugal. It provides insights into the accessibility and reach of these financial institutions across 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: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Portugal series tracks the spatial density of credit union and cooperative branch locations. This metric is used to evaluate the financial inclusion and accessibility of these community-oriented institutions.
Methodology
The data is collected and calculated by the Bank of Portugal based on branch location and geographic area.
Historical Context
Policymakers and financial analysts use this metric to assess the geographic coverage and distribution of Portugal's credit union and cooperative banking network.
Key Facts
- Portugal had 1.71 credit union and cooperative branches per 1,000 sq km in 2021.
- Branch density increased by 8.2% from 2016 to 2021.
- Northern Portugal has the highest branch concentration.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of credit union and financial cooperative branches per 1,000 square kilometers in Portugal, providing insights into the geographic coverage and accessibility of these community-oriented financial institutions.
Q: Why is this trend relevant for users or analysts?
A: The branch density metric is important for evaluating financial inclusion and assessing the reach of Portugal's credit union and cooperative banking network across different regions.
Q: How is this data collected or calculated?
A: The Bank of Portugal collects and calculates this data based on the locations of credit union and cooperative branches and the total geographic area of Portugal.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this metric to monitor the spatial distribution and accessibility of Portugal's community-based financial institutions, which can inform decisions around financial inclusion and banking infrastructure.
Q: Are there update delays or limitations?
A: The data is updated annually by the Bank of Portugal, and there may be some lag in reporting compared to real-time branch network changes.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Portugal (PRTFCBODUKNUM), retrieved from FRED.