Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Burundi
BDIFCRODCHANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.84
Year-over-Year Change
321.14%
Date Range
1/1/2004 - 1/1/2020
Summary
This economic trend measures the number of household borrowers from commercial banks per 1,000 adults in Burundi. It provides insights into 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: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Burundi' metric tracks the rate of household borrowing from commercial banks in Burundi. This data point is used by economists and policymakers to assess financial access and the development of the banking sector.
Methodology
The data is collected through surveys and reports from Burundi's central bank and financial institutions.
Historical Context
This trend is relevant for understanding financial market dynamics and informing policies aimed at improving financial inclusion in Burundi.
Key Facts
- Burundi has a low rate of household borrowing from commercial banks compared to other African countries.
- Access to credit is a key challenge for financial inclusion in Burundi.
- Improving financial access is a priority for Burundi's economic development policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of household borrowers from commercial banks per 1,000 adults in Burundi, providing insights into financial inclusion and access to credit.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding financial market dynamics and informing policies aimed at improving financial inclusion in Burundi.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from Burundi's central bank and financial institutions.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess financial access and the development of the banking sector in Burundi.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting or limited coverage, as it relies on surveys and financial institution reporting.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Burundi (BDIFCRODCHANUM), retrieved from FRED.