Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Belarus
BLRFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.13
Year-over-Year Change
-18.22%
Date Range
1/1/2004 - 1/1/2020
Summary
This economic trend measures the number of commercial bank branches per 1,000 square kilometers in Belarus. It provides insight into the geographical outreach and accessibility of banking 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 commercial bank branch density indicator reflects the physical banking infrastructure and distribution of bank locations throughout Belarus. This metric is used by economists and policymakers to analyze financial inclusion and the spatial coverage of the banking system.
Methodology
The data is collected by the National Bank of the Republic of Belarus and reported as the total number of commercial bank branches per 1,000 square kilometers of the country's land area.
Historical Context
This indicator offers insights relevant to financial sector development, economic policy, and efforts to promote broader access to banking services.
Key Facts
- Belarus has a total land area of 207,600 square kilometers.
- The number of commercial bank branches per 1,000 square km in Belarus was 3.75 in 2021.
- Bank branch density is an important measure of financial access and economic integration.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the number of commercial bank branches per 1,000 square kilometers in Belarus, providing insights into the geographic outreach and accessibility of the banking system.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding financial inclusion, infrastructure development, and the spatial coverage of banking services across the country.
Q: How is this data collected or calculated?
A: The data is collected by the National Bank of the Republic of Belarus and reported as the total number of commercial bank branches per 1,000 square kilometers of the country's land area.
Q: How is this trend used in economic policy?
A: This indicator offers insights relevant to financial sector development, economic policy, and efforts to promote broader access to banking services in Belarus.
Q: Are there update delays or limitations?
A: The data is reported with some time lags, and may not capture all changes in the banking network in real-time.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Belarus (BLRFCBODCKNUM), retrieved from FRED.