Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Other Financial Intermediaries for Burundi
BDIFCDOFMSPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.00
Year-over-Year Change
51.79%
Date Range
1/1/2007 - 1/1/2014
Summary
This economic trend measures the number of small and medium-sized enterprise (SME) depositors at other financial intermediaries in Burundi. It provides insights into SME access to formal financial services, a key indicator of financial inclusion and economic development.
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: Number of Depositors which are Small and Medium Enterprises at Other Financial Intermediaries for Burundi' series tracks the volume of SME deposits held at non-bank financial institutions in Burundi. This data point is used by economists and policymakers to assess the degree of financial intermediation and penetration of formal banking services among the country's small business sector.
Methodology
The data is collected and reported by the Burundi central bank.
Historical Context
Trends in SME deposits are closely monitored by Burundi's financial regulators and development agencies to inform policies supporting small business finance and private sector growth.
Key Facts
- Burundi has a large informal sector with limited SME access to formal finance.
- Increasing SME deposits is a key goal of Burundi's financial inclusion policies.
- The data is reported quarterly with a 3-month lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of small and medium-sized enterprise (SME) depositors at other financial intermediaries in Burundi, providing insights into SME access to formal financial services.
Q: Why is this trend relevant for users or analysts?
A: Trends in SME deposits are closely monitored by Burundi's financial regulators and development agencies to inform policies supporting small business finance and private sector growth.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Burundi central bank.
Q: How is this trend used in economic policy?
A: This data point is used by economists and policymakers to assess the degree of financial intermediation and penetration of formal banking services among Burundi's small business sector.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a 3-month lag.
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Citation
U.S. Federal Reserve, Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Other Financial Intermediaries for Burundi (BDIFCDOFMSPENUM), retrieved from FRED.