Use of Financial Services: Key Indicators, Borrowers from All Microfinance Institutions (MFIs) Per 1000 Adults for West Bank and Gaza
WBGFCRODMFANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.40
Year-over-Year Change
39.92%
Date Range
1/1/2004 - 1/1/2014
Summary
This economic trend measures the number of borrowers from all microfinance institutions (MFIs) per 1,000 adults in the West Bank and Gaza. It provides insights into financial inclusion and access to credit 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: Key Indicators, Borrowers from All Microfinance Institutions (MFIs) Per 1000 Adults for West Bank and Gaza metric tracks the outreach and penetration of microfinance services in the local economy. It is a key indicator of financial inclusion and the ability of underserved populations to access credit and other financial products.
Methodology
The data is collected by the World Bank through surveys of microfinance institutions operating in the West Bank and Gaza.
Historical Context
This metric is relevant for policymakers and development organizations seeking to promote financial inclusion and economic empowerment in the region.
Key Facts
- The metric tracks microfinance borrowers per 1,000 adults.
- West Bank and Gaza is the geographic area of focus.
- Data is collected through surveys of microfinance institutions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of borrowers from all microfinance institutions (MFIs) per 1,000 adults in the West Bank and Gaza. It provides insights into financial inclusion and access to credit in the region.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for policymakers and development organizations seeking to promote financial inclusion and economic empowerment in the West Bank and Gaza region.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through surveys of microfinance institutions operating in the West Bank and Gaza.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and development organizations to track financial inclusion and assess the effectiveness of policies and programs aimed at increasing access to credit and other financial services in the West Bank and Gaza.
Q: Are there update delays or limitations?
A: The data may be subject to update delays, and the coverage and reporting of microfinance institutions in the region could vary, potentially limiting the completeness of the information.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Borrowers from All Microfinance Institutions (MFIs) Per 1000 Adults for West Bank and Gaza (WBGFCRODMFANUM), retrieved from FRED.