Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for Burundi

BDIFCSMXDC • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

111,865,000,000.00

Year-over-Year Change

304.94%

Date Range

1/1/2007 - 1/1/2016

Summary

This economic trend measures the outstanding loans at other financial intermediaries in Burundi. It provides insights into the level of financial services utilization and access to credit within the country's financial system.

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, Assets: Outstanding Loans at Other Financial Intermediaries for Burundi tracks the value of loans provided by non-bank financial institutions such as microfinance organizations, credit unions, and other specialized lenders. This metric is used by economists and policymakers to assess the depth and breadth of financial inclusion in the Burundian economy.

Methodology

The data is collected from surveys and reports submitted by financial institutions operating in Burundi.

Historical Context

This trend is relevant for analyzing financial sector development and identifying opportunities to expand access to credit and other financial services.

Key Facts

  • Burundi has a largely cash-based economy with limited financial inclusion.
  • Only about 20% of the adult population in Burundi has access to formal financial services.
  • Microfinance institutions play a crucial role in providing credit to underserved communities in Burundi.

FAQs

Q: What does this economic trend measure?

A: This trend measures the outstanding loans provided by non-bank financial institutions, such as microfinance organizations and credit unions, in Burundi.

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 within Burundi's financial system, which is important for understanding economic development and identifying opportunities for financial sector expansion.

Q: How is this data collected or calculated?

A: The data is collected from surveys and reports submitted by financial institutions operating in Burundi.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to analyze financial sector development and inform policies aimed at increasing access to credit and other financial services in Burundi.

Q: Are there update delays or limitations?

A: The data may be subject to reporting delays, and the coverage of financial institutions included in the survey may not be comprehensive.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for Burundi (BDIFCSMXDC), retrieved from FRED.