Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Rwanda
RWAFCBODMFKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.17
Year-over-Year Change
580.78%
Date Range
1/1/2007 - 1/1/2017
Summary
This economic trend measures the geographical outreach of microfinance institutions (MFIs) in Rwanda, indicating their physical presence and accessibility 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, All MFI Branches Per 1000 Km2 for Rwanda' series tracks the density of MFI branches per 1,000 square kilometers, providing insights into the spatial distribution and coverage of microfinance services.
Methodology
This data is collected by Rwanda's central bank through surveys of licensed microfinance institutions.
Historical Context
This metric is used by policymakers and development organizations to assess the financial inclusion and accessibility of microfinance in Rwanda.
Key Facts
- Rwanda has a land area of 26,338 square kilometers.
- The number of MFI branches per 1,000 square kilometers was 1.34 in 2021.
- Microfinance plays a crucial role in Rwanda's financial inclusion efforts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the geographical outreach and physical presence of microfinance institutions (MFIs) in Rwanda, indicating their density per 1,000 square kilometers.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for assessing financial inclusion and the accessibility of microfinance services in Rwanda, which is crucial for economic development and poverty alleviation.
Q: How is this data collected or calculated?
A: The data is collected by Rwanda's central bank through surveys of licensed microfinance institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and development organizations use this metric to evaluate the geographic coverage and accessibility of microfinance services, informing financial inclusion strategies and policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the frequency of updates may be limited by the survey process.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Rwanda (RWAFCBODMFKNUM), retrieved from FRED.