Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Bangladesh
BGDFCBODMFKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.51
Year-over-Year Change
140.22%
Date Range
1/1/2004 - 1/1/2014
Summary
This economic trend measures the geographic outreach of microfinance institutions (MFIs) in Bangladesh, tracking the number of MFI branches per 1,000 square kilometers. It provides insight into the accessibility and penetration of financial services in rural and underserved areas.
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 'Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Bangladesh' metric is a crucial indicator of financial inclusion and the ability of MFIs to serve remote populations. It reflects the density of microfinance branch networks and can inform policy decisions to improve access to credit, savings, and other financial products.
Methodology
The data is collected through surveys of microfinance institutions operating in Bangladesh.
Historical Context
This metric is used by policymakers, development organizations, and financial analysts to evaluate the progress of financial inclusion initiatives in Bangladesh.
Key Facts
- Bangladesh has over 700 microfinance institutions.
- The average number of MFI branches per 1,000 sq km is 8.5.
- Financial inclusion is a key development priority in Bangladesh.
FAQs
Q: What does this economic trend measure?
A: This trend measures the geographic outreach of microfinance institutions (MFIs) in Bangladesh, specifically tracking the number of MFI branches per 1,000 square kilometers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the accessibility and penetration of financial services in rural and underserved areas of Bangladesh, which is crucial for evaluating financial inclusion and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of microfinance institutions operating in Bangladesh.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, development organizations, and financial analysts to evaluate the progress of financial inclusion initiatives in Bangladesh.
Q: Are there update delays or limitations?
A: The data may have some delays in reporting due to the survey-based collection process, and it only reflects the branch network of microfinance institutions, not the overall financial infrastructure.
Related Trends
U.S. Imports of Goods by Customs Basis from Bangladesh
IMP5380
Value of Exports to Bangladesh from Connecticut
CTBGDA052SCEN
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Bangladesh
BGDFCBODMFLNUM
Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Depositors with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Bangladesh
BGDFCDODCSPNUM
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Bangladesh
BGDFCBODDLNUM
Geographical Outreach: Number of Institutions, Other Depository Corporations, Deposit Taking Microfinance Institutions (MFIs) for Bangladesh
BGDFCIODMFNUM
Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Bangladesh (BGDFCBODMFKNUM), retrieved from FRED.