Use of Financial Services, Liabilities: Outstanding Deposits by Households at Credit Unions and Financial Cooperatives for Tajikistan
TJKFCLODUHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,774,600.00
Year-over-Year Change
467.86%
Date Range
1/1/2004 - 1/1/2012
Summary
The 'Use of Financial Services, Liabilities: Outstanding Deposits by Households at Credit Unions and Financial Cooperatives for Tajikistan' measures the total value of deposits held by Tajik households at credit unions and financial cooperatives. This metric provides insight into the financial health and inclusion of Tajikistan's population.
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
This economic trend tracks the volume of outstanding household deposits at non-bank financial institutions in Tajikistan. It serves as an indicator of the depth and penetration of the country's financial system, particularly for lower-income and underbanked segments of the population.
Methodology
The data is collected and reported by the National Bank of Tajikistan.
Historical Context
Policymakers and economists use this metric to assess financial sector development and access to formal banking services in Tajikistan.
Key Facts
- Tajikistan has a large unbanked population, with over 50% lacking access to formal financial services.
- Deposits at non-bank institutions account for around 10% of total household savings in Tajikistan.
- The government has initiatives to expand financial inclusion and access to credit for rural and low-income households.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding deposits held by Tajik households at credit unions and financial cooperatives, providing insight into financial inclusion and access to formal banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the depth and penetration of Tajikistan's financial system, particularly for underbanked segments of the population. It informs policymakers and economists about financial inclusion and access to formal banking services.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Bank of Tajikistan.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess financial sector development and access to formal banking services in Tajikistan, informing policies and initiatives aimed at expanding financial inclusion.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and collection methods of the National Bank of Tajikistan, which may result in occasional delays or limitations in coverage.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Credit Unions and Financial Cooperatives for Tajikistan (TJKFCLODUHXDC), retrieved from FRED.