Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Rwanda
RWAFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.14
Year-over-Year Change
-36.16%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the number of commercial bank branches per 100,000 adults in Rwanda, providing insight into the country's financial inclusion and access to banking services.
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 Commercial Bank Branches Per 100,000 Adults for Rwanda data series tracks the density of commercial bank branches relative to the adult population, a key indicator of financial accessibility and inclusion.
Methodology
The data is collected and calculated by the Rwandan central bank and financial regulators.
Historical Context
This metric is used by policymakers, development organizations, and economists to assess financial sector development and progress toward financial inclusion goals.
Key Facts
- Rwanda had 8.3 commercial bank branches per 100,000 adults in 2020.
- The number of branches has increased from 5.8 per 100,000 adults in 2015.
- Financial inclusion is a key policy priority for the Rwandan government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 100,000 adults in Rwanda, providing insight into financial accessibility and inclusion in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating progress toward financial inclusion goals and assessing the development of Rwanda's banking sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Rwandan central bank and financial regulators.
Q: How is this trend used in economic policy?
A: Policymakers, development organizations, and economists use this metric to monitor financial sector development and progress toward financial inclusion targets in Rwanda.
Q: Are there update delays or limitations?
A: The data is published annually, with a typical 6-month delay.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Rwanda (RWAFCBODCANUM), retrieved from FRED.