Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for West Bank and Gaza
WBGFCBMFNLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.00
Year-over-Year Change
25.00%
Date Range
1/1/2004 - 1/1/2014
Summary
This economic trend measures the number of branch locations for non-deposit taking microfinance institutions (MFIs) in the three largest cities in the West Bank and Gaza, excluding their headquarters. It provides insight into the geographical reach and access to financial services for underserved populations in this region.
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 indicator tracks the branch network expansion of MFIs that do not accept deposits, which are a critical provider of financial inclusion in developing economies. This data point helps assess the availability and penetration of microfinance services across major urban centers in the West Bank and Gaza.
Methodology
The data is collected through direct reporting from the MFIs operating in the region.
Historical Context
This trend is used by policymakers, development institutions, and economists to evaluate financial access and the growth of the microfinance sector.
Key Facts
- The three largest cities in the West Bank and Gaza are Jerusalem, Hebron, and Nablus.
- Microfinance institutions play a crucial role in providing financial services to underbanked populations.
- Non-deposit taking MFIs focus on lending rather than deposit-taking activities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branch locations for non-deposit taking microfinance institutions (MFIs) in the three largest cities in the West Bank and Gaza, excluding their headquarters.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the geographical reach and access to financial services for underserved populations in the West Bank and Gaza, which is crucial for evaluating financial inclusion and the growth of the microfinance sector.
Q: How is this data collected or calculated?
A: The data is collected through direct reporting from the MFIs operating in the region.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, development institutions, and economists to evaluate financial access and the growth of the microfinance sector in the West Bank and Gaza.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays from the MFIs, and the coverage may be limited to the three largest cities in the region.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for West Bank and Gaza (WBGFCBMFNLNUM), retrieved from FRED.