Use of Financial Services: Number of Depositors at Other Other Financial Intermediaries for West Bank and Gaza
WBGFCDOFMOPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.00
Year-over-Year Change
-99.53%
Date Range
1/1/2004 - 1/1/2014
Summary
This economic trend measures the number of depositors at other financial intermediaries in the West Bank and Gaza. It provides insight into the use of financial services in the 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 'Use of Financial Services: Number of Depositors at Other Other Financial Intermediaries for West Bank and Gaza' trend tracks the total number of depositors at non-bank financial institutions in the West Bank and Gaza. This data point is useful for economists and policymakers to assess financial inclusion and the development of the local financial sector.
Methodology
The data is collected through surveys and reporting from financial institutions in the region.
Historical Context
This trend is used to inform policy decisions and monitor financial development in the West Bank and Gaza.
Key Facts
- The West Bank and Gaza have a largely cash-based economy.
- Financial inclusion remains a challenge in the region.
- Non-bank financial institutions play a growing role in providing access to finance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of depositors at non-bank financial institutions in the West Bank and Gaza, providing insight into financial inclusion and the development of the local financial sector.
Q: Why is this trend relevant for users or analysts?
A: This data point is useful for economists and policymakers to assess the growth and accessibility of financial services in the West Bank and Gaza, which is crucial for sustainable economic development.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from financial institutions in the West Bank and Gaza region.
Q: How is this trend used in economic policy?
A: This trend is used to inform policy decisions and monitor financial development in the West Bank and Gaza, supporting efforts to increase financial inclusion and strengthen the local financial sector.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and limited coverage of the financial sector in the region.
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Citation
U.S. Federal Reserve, Use of Financial Services: Number of Depositors at Other Other Financial Intermediaries for West Bank and Gaza (WBGFCDOFMOPENUM), retrieved from FRED.