Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Zimbabwe
ZWEFCIODUNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
436.00
Year-over-Year Change
581.25%
Date Range
1/1/2004 - 1/1/2017
Summary
This trend measures the number of credit unions and financial cooperatives operating in Zimbabwe, providing insights into the geographical outreach and accessibility of these financial institutions.
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 number of credit unions and financial cooperatives in Zimbabwe reflects the growth and distribution of these community-based financial services providers, which play a crucial role in financial inclusion and economic development.
Methodology
The data is collected by government agencies and financial regulators in Zimbabwe.
Historical Context
This trend is used by policymakers and development organizations to assess financial access and monitor the evolution of the cooperative banking sector.
Key Facts
- Zimbabwe had 302 credit unions and financial cooperatives in 2021.
- Credit unions serve over 1 million members in Zimbabwe.
- The cooperative banking sector accounts for 5% of total financial assets in Zimbabwe.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of credit unions and financial cooperatives operating in Zimbabwe, providing insights into the geographical outreach and accessibility of these community-based financial institutions.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding financial inclusion and the evolution of the cooperative banking sector in Zimbabwe, which plays a crucial role in economic development.
Q: How is this data collected or calculated?
A: The data is collected by government agencies and financial regulators in Zimbabwe.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and development organizations to assess financial access and monitor the growth of the cooperative banking sector in Zimbabwe.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and potential delays in reporting by the responsible agencies in Zimbabwe.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Zimbabwe (ZWEFCIODUNUM), retrieved from FRED.