Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for United Arab Emirates
AREFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.76
Year-over-Year Change
-31.19%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of commercial bank branches per 1,000 square kilometers in the United Arab Emirates, providing insights into the geographical outreach and accessibility of banking services.
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: Key Indicators Commercial Bank Branches Per 1000 Km2 for United Arab Emirates statistic is a key metric used by economists and policymakers to assess the distribution and density of financial infrastructure across the country.
Methodology
The data is collected and calculated by the Central Bank of the United Arab Emirates.
Historical Context
This metric is valuable for understanding financial inclusion and the ease of access to banking services for the population.
Key Facts
- The UAE had 3.3 commercial bank branches per 1,000 square kilometers in 2020.
- This metric has increased from 2.8 branches per 1,000 square kilometers in 2010.
- The UAE ranks among the highest in the Middle East region for bank branch density.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 1,000 square kilometers in the United Arab Emirates, providing insights into the geographical distribution of banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding financial inclusion and the accessibility of banking services for the population, which is crucial for economic development and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of the United Arab Emirates.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the reach and distribution of financial infrastructure, which informs decisions on financial inclusion policies and infrastructure development.
Q: Are there update delays or limitations?
A: The data is typically published with a short delay, and the metric may not capture all informal or mobile banking services.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for United Arab Emirates (AREFCBODCKNUM), retrieved from FRED.