Use of Financial Services Borrowers: Persons Borrowing from Other Financial Intermediaries for Burundi
BDIFCRMPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,516.00
Year-over-Year Change
111.30%
Date Range
1/1/2007 - 1/1/2015
Summary
This economic trend measures the use of financial services by borrowers in Burundi, specifically the number of persons borrowing from other financial intermediaries. It provides insights into the level of financial inclusion and access to credit in 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 Borrowers: Persons Borrowing from Other Financial Intermediaries for Burundi' trend tracks the number of individuals in Burundi who borrow from non-bank financial institutions, such as microfinance organizations and other lending intermediaries. This data is useful for analyzing financial sector development and financial inclusion in the country.
Methodology
The data is collected through surveys and reports from financial institutions operating in Burundi.
Historical Context
This trend is relevant for policymakers, economists, and financial sector analysts seeking to understand the state of financial inclusion and access to credit in Burundi.
Key Facts
- Burundi has a low rate of financial inclusion compared to other African countries.
- Access to credit from non-bank financial institutions is an important source of financing for individuals in Burundi.
- Tracking the number of borrowers from other financial intermediaries helps monitor progress in financial sector development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of persons in Burundi who borrow from non-bank financial institutions, such as microfinance organizations and other lending intermediaries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the level of financial inclusion and access to credit in Burundi, which is important for understanding the country's financial sector development and economic progress.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from financial institutions operating in Burundi.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and financial sector analysts to monitor and evaluate financial inclusion and access to credit in Burundi, which informs policy decisions and development strategies.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and collection, and may not capture all informal financial activities in Burundi.
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Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Persons Borrowing from Other Financial Intermediaries for Burundi (BDIFCRMPENUM), retrieved from FRED.