Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Bosnia and Herzegovina
BIHFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.61
Year-over-Year Change
-20.18%
Date Range
1/1/2005 - 1/1/2023
Summary
This economic indicator tracks the number of commercial bank branches per 1,000 square kilometers in Bosnia and Herzegovina, providing insights into the geographical coverage and accessibility of the country's banking services.
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 Commercial Bank Branches Per 1000 Km2 for Bosnia and Herzegovina metric serves as a proxy for the density and distribution of financial services infrastructure across the country. It is used by policymakers and analysts to assess financial inclusion and the availability of banking facilities.
Methodology
The data is collected by the Central Bank of Bosnia and Herzegovina through reports from licensed commercial banks.
Historical Context
This indicator is relevant for evaluating the development and accessibility of the Bosnian banking sector and supporting financial inclusion initiatives.
Key Facts
- Bosnia and Herzegovina had 7.8 commercial bank branches per 1,000 square kilometers in 2021.
- The number of bank branches per 1,000 square kilometers has increased by 11% since 2015.
- Financial inclusion is a key priority for the Bosnian government and central bank.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of commercial bank branches per 1,000 square kilometers in Bosnia and Herzegovina, providing insights into the geographical coverage and accessibility of the country's banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by policymakers and analysts to assess financial inclusion and the availability of banking facilities across Bosnia and Herzegovina, which is important for evaluating the development and accessibility of the country's banking sector.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Bosnia and Herzegovina through reports from licensed commercial banks.
Q: How is this trend used in economic policy?
A: This indicator is relevant for evaluating the development and accessibility of the Bosnian banking sector and supporting financial inclusion initiatives.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Central Bank of Bosnia and Herzegovina, but there may be occasional delays or limitations in reporting from commercial banks.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Bosnia and Herzegovina (BIHFCBODCKNUM), retrieved from FRED.