Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Chad
TCDFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.85
Year-over-Year Change
51.51%
Date Range
1/1/2004 - 1/1/2021
Summary
This indicator measures the number of commercial bank branches per 100,000 adults in Chad, providing insights into the country's financial inclusion and accessibility.
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 Chad tracks the density of commercial bank branches relative to the adult population, highlighting the reach and penetration of formal financial services across the country.
Methodology
The data is collected and reported by the World Bank.
Historical Context
This metric is used by policymakers and analysts to assess financial inclusion and monitor progress towards expanding access to banking services.
Key Facts
- Chad has one of the lowest branch densities in the world.
- Branch access is particularly limited in rural areas.
- Improving financial inclusion is a key priority for Chad's government.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of commercial bank branches per 100,000 adults in Chad, providing insights into the country's financial inclusion and accessibility.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing financial inclusion and monitoring progress towards expanding access to banking services in Chad.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate financial inclusion and inform efforts to improve access to banking services in Chad.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and can be influenced by changes in population and banking infrastructure.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Chad (TCDFCBODCANUM), retrieved from FRED.