Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for West Bank and Gaza
WBGFCBMNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.00
Year-over-Year Change
58.49%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of branches, excluding headquarters, for other financial intermediaries in the West Bank and Gaza region. It provides insights into the geographic reach and accessibility of the financial sector in this area.
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: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for West Bank and Gaza trend tracks the physical presence of non-bank financial institutions, such as microfinance providers and other lenders, across the region. This data is used by policymakers and analysts to assess financial inclusion and the development of the local financial ecosystem.
Methodology
The data is collected through surveys and reporting from financial institutions operating in the West Bank and Gaza.
Historical Context
This trend is relevant for understanding the growth and accessibility of alternative financial services in the region, which is important for economic development and poverty alleviation.
Key Facts
- The number of branches for other financial intermediaries in West Bank and Gaza has grown steadily over the past decade.
- Increased branch presence is linked to higher rates of financial inclusion in the region.
- The West Bank and Gaza has a large unbanked population, making access to alternative financial services crucial.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for other financial intermediaries such as microfinance providers and lenders in the West Bank and Gaza region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographic reach and accessibility of the financial sector in the West Bank and Gaza, which is crucial for assessing financial inclusion and the development of the local financial ecosystem.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from financial institutions operating in the West Bank and Gaza.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and analysts seeking to understand the growth and accessibility of alternative financial services in the region, which is important for economic development and poverty alleviation.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting and can be limited by the coverage and accuracy of the financial institutions surveyed.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for West Bank and Gaza (WBGFCBMNUM), retrieved from FRED.