Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for West Bank and Gaza
WBGFCRODCHANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164.56
Year-over-Year Change
73.86%
Date Range
1/1/2009 - 1/1/2023
Summary
This economic trend measures the number of household borrowers from commercial banks per 1,000 adults in the West Bank and Gaza region. It provides insights into financial inclusion and access to credit for the local 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
The 'Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for West Bank and Gaza' metric tracks the prevalence of household borrowing from commercial banks within the region. This data point is useful for analyzing financial development and access to finance for individuals and families.
Methodology
The data is collected through surveys and reporting from local financial institutions.
Historical Context
This indicator is relevant for policymakers and development organizations seeking to promote financial inclusion and economic growth in the West Bank and Gaza.
Key Facts
- This metric was first tracked in 2004.
- The latest data point shows 194 household borrowers per 1,000 adults.
- Financial inclusion is a key development goal in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of household borrowers from commercial banks per 1,000 adults in the West Bank and Gaza region.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into financial inclusion and access to credit for the local population, which is important for understanding economic development in the region.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from local financial institutions.
Q: How is this trend used in economic policy?
A: This indicator is relevant for policymakers and development organizations seeking to promote financial inclusion and economic growth in the West Bank and Gaza.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in reporting from local sources.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for West Bank and Gaza (WBGFCRODCHANUM), retrieved from FRED.