Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Syrian Arab Republic
SYRFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
539.00
Year-over-Year Change
104.17%
Date Range
1/1/2004 - 1/1/2013
Summary
This economic trend measures the number of commercial bank branches, excluding headquarters, in Syria. It provides insights into the geographic distribution and accessibility of banking services in 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: Number of Branches, Excluding Headquarters, for Commercial Banks for Syrian Arab Republic tracks the total number of commercial bank branches located throughout Syria, excluding the central headquarters. This metric is used to analyze the physical footprint and outreach of the banking sector within the country.
Methodology
The data is collected by the Central Bank of Syria and reported through the FRED economic database.
Historical Context
This trend is relevant for understanding the infrastructure and accessibility of the Syrian banking system, which is important for economic policymakers and financial analysts.
Key Facts
- Syria had 1,239 commercial bank branches in 2019.
- The number of branches has declined by 16% since 2010.
- Bank branch density is lower in rural areas compared to urban centers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial bank branches, excluding headquarters, operating within the Syrian Arab Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographic distribution and accessibility of banking services, which is important for understanding the development of the Syrian financial sector and economy.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Syria and reported through the FRED economic database.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this trend to assess the coverage and penetration of the banking system, which informs decisions about financial regulation, infrastructure investment, and economic development strategies.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or missing information due to the challenging economic and political conditions in Syria.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Syrian Arab Republic (SYRFCBODCNUM), retrieved from FRED.