Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Bangladesh
BGDFCBODUKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,999.55
Year-over-Year Change
143.76%
Date Range
1/1/2004 - 1/1/2020
Summary
This economic trend measures the number of credit union and financial cooperative branches per 1,000 square kilometers in Bangladesh. It provides insights into the geographical reach and accessibility of financial services across 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 Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Bangladesh metric tracks the density of brick-and-mortar financial institution locations. This data point is useful for policymakers and analysts to assess financial inclusion and the penetration of cooperative banking services.
Methodology
The data is collected by the Central Bank of Bangladesh and other regulatory authorities.
Historical Context
This metric is relevant for evaluating financial infrastructure development and access to credit in rural and underserved regions.
Key Facts
- Bangladesh has over 9,000 credit union and cooperative bank branches nationwide.
- The average branch density is 6.4 per 1,000 sq km, indicating limited rural access.
- Cooperative banking plays a key role in financial inclusion for unbanked populations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of credit union and financial cooperative branches per 1,000 square kilometers in Bangladesh, providing insights into the geographical reach of these financial institutions.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for policymakers and analysts to assess financial inclusion and the penetration of cooperative banking services, especially in rural and underserved regions of Bangladesh.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Bangladesh and other regulatory authorities.
Q: How is this trend used in economic policy?
A: This metric is relevant for evaluating financial infrastructure development and access to credit, which are key considerations for economic and social policies aimed at promoting financial inclusion and rural development.
Q: Are there update delays or limitations?
A: The data may have occasional delays in reporting, and the metric only captures brick-and-mortar branch locations, not digital or mobile banking services.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Bangladesh (BGDFCBODUKNUM), retrieved from FRED.