Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Tajikistan

TJKFCDODCANUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,827.05

Year-over-Year Change

391.05%

Date Range

1/1/2004 - 1/1/2022

Summary

This indicator tracks the number of depositors with commercial banks per 1,000 adults in Tajikistan, providing insights into financial inclusion and the use of formal 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 'Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Tajikistan' metric measures the accessibility and utilization of commercial banking services by the adult population in Tajikistan. It is a key indicator of financial inclusion and the penetration of formal financial institutions.

Methodology

The data is collected and reported by the World Bank as part of its Global Financial Inclusion (Global Findex) Database.

Historical Context

Policymakers and economists use this indicator to evaluate the reach and effectiveness of financial sector development initiatives in Tajikistan.

Key Facts

  • Tajikistan had 548 depositors with commercial banks per 1,000 adults in 2017.
  • The number of depositors per 1,000 adults in Tajikistan increased by 41% from 2014 to 2017.
  • Improving financial inclusion is a key priority for the government of Tajikistan.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the number of depositors with commercial banks per 1,000 adults in Tajikistan, providing insights into financial inclusion and the use of formal banking services.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for evaluating the reach and effectiveness of financial sector development initiatives in Tajikistan, as it reflects the level of access and utilization of commercial banking services by the adult population.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank as part of its Global Financial Inclusion (Global Findex) Database.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this indicator to assess the progress of financial inclusion efforts and inform policies aimed at expanding access to formal banking services in Tajikistan.

Q: Are there update delays or limitations?

A: The data is reported by the World Bank on a periodic basis, typically every 3-4 years, so there may be delays in the availability of the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Tajikistan (TJKFCDODCANUM), retrieved from FRED.