Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Chad
TCDFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.06
Year-over-Year Change
130.30%
Date Range
1/1/2004 - 1/1/2021
Summary
This indicator measures the number of commercial bank branches per 1,000 square kilometers in Chad, providing insights into the geographical outreach and accessibility of the country's banking infrastructure.
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 1000 Km2 for Chad metric tracks the density of commercial bank branches across the country's geographic area. This data point is used by economists and policymakers to assess the level of financial inclusion and the ability of the banking system to serve the population.
Methodology
The data is collected by the Central Bank of Chad and reported to the International Monetary Fund.
Historical Context
This indicator is relevant for understanding the development of Chad's financial sector and identifying areas that may require targeted policies to improve access to banking services.
Key Facts
- Chad has one of the lowest branch densities in the world.
- Only 12% of Chadians have access to formal banking services.
- The government aims to double the number of bank branches by 2025.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the number of commercial bank branches per 1,000 square kilometers in Chad, providing insights into the geographical outreach and accessibility of the country's banking infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the level of financial inclusion and the ability of the banking system to serve the population in Chad, which can inform policies to improve access to financial services.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Chad and reported to the International Monetary Fund.
Q: How is this trend used in economic policy?
A: This indicator is relevant for policymakers in Chad who are working to develop the country's financial sector and increase access to banking services, particularly in underserved areas.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting and may not fully capture informal or mobile banking services.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Chad (TCDFCBODCKNUM), retrieved from FRED.