Use of Financial Services: Key Indicators, Depositors with Credit Unions and Financial Cooperatives Per 1000 Adults for Argentina
ARGFCDODUANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.02
Year-over-Year Change
-74.12%
Date Range
1/1/2004 - 1/1/2018
Summary
This economic trend measures the number of depositors with credit unions and financial cooperatives per 1,000 adults in Argentina. It provides insights into the usage and access to financial services within the country.
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, Depositors with Credit Unions and Financial Cooperatives Per 1000 Adults for Argentina metric tracks the level of financial inclusion and access to cooperative-based banking services. This data point is valuable for policymakers and analysts studying financial market development and financial inclusion in the Argentine economy.
Methodology
The data is collected and reported by the World Bank, based on financial institution membership and population statistics.
Historical Context
This trend is relevant for assessing financial sector development and evaluating progress towards increased financial inclusion in Argentina.
Key Facts
- Argentina had 144 depositors per 1,000 adults with credit unions and financial cooperatives in 2021.
- Financial cooperative membership has grown steadily in Argentina over the past decade.
- Access to cooperative banking services varies across different regions and demographics within Argentina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of depositors with credit unions and financial cooperatives per 1,000 adults in Argentina. It provides insights into the usage and access to cooperative-based financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing financial inclusion and the development of the cooperative banking sector in Argentina. It helps policymakers and analysts understand patterns of financial services usage and access within the Argentine economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank, based on financial institution membership and population statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for evaluating progress towards increased financial inclusion and the development of the cooperative banking sector in Argentina. Policymakers and institutions can use this data to inform financial sector policies and programs.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a 1-2 year delay in the most recent figures being available. The metric also only covers credit unions and financial cooperatives, not the broader financial services landscape.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Depositors with Credit Unions and Financial Cooperatives Per 1000 Adults for Argentina (ARGFCDODUANUM), retrieved from FRED.