Use of Financial Services, Liabilities: Outstanding Deposits at Other Depository Corporations for Burundi
BDIFCLODXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
984,134,600,000.00
Year-over-Year Change
240.46%
Date Range
1/1/2007 - 1/1/2016
Summary
This economic trend measures the outstanding deposits held at other depository corporations in Burundi. It provides insights into the use and flow of financial services within the country's economy.
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 outstanding deposits at other depository corporations, such as banks, reflect the level of financial services being utilized by individuals and businesses in Burundi. This metric is important for analyzing the development and stability of the country's financial system.
Methodology
The data is collected and reported by the central bank of Burundi.
Historical Context
Policymakers and economists use this trend to monitor the financial health and inclusion in Burundi's economy.
Key Facts
- Burundi is a landlocked country in East Africa.
- The Burundian franc is the official currency.
- Burundi has a largely agricultural-based economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held at other depository corporations, such as banks, in Burundi. It provides insights into the use and flow of financial services within the country's economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for analyzing the development and stability of Burundi's financial system, as it reflects the level of financial services being utilized by individuals and businesses in the country.
Q: How is this data collected or calculated?
A: The data is collected and reported by the central bank of Burundi.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor the financial health and inclusion in Burundi's economy.
Q: Are there update delays or limitations?
A: The data may be subject to update delays or limitations depending on the availability and reporting practices of the central bank of Burundi.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Other Depository Corporations for Burundi (BDIFCLODXDC), retrieved from FRED.