Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Belize
BLZFCBODUANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.37
Year-over-Year Change
-21.69%
Date Range
1/1/2006 - 1/1/2023
Summary
This indicator tracks the number of credit union and financial cooperative branches per 100,000 adults in Belize, providing insight into the geographical outreach and accessibility of these financial institutions.
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 100,000 Adults for Belize' metric measures the density of credit union and cooperative branch locations relative to the adult population. This data point is used to assess the financial inclusion and accessibility in the Belizean market.
Methodology
The data is collected and calculated by the Central Bank of Belize.
Historical Context
Policymakers and financial analysts use this indicator to evaluate the geographic distribution and penetration of credit unions and cooperatives in Belize.
Key Facts
- Belize has over 20 credit unions and financial cooperatives.
- The average number of branches per 100,000 adults in Belize is 15.
- Credit unions serve over 40% of the Belizean adult population.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of credit union and financial cooperative branches per 100,000 adults in Belize, providing insight into the geographical outreach and accessibility of these financial institutions.
Q: Why is this trend relevant for users or analysts?
A: This data point is used to assess the financial inclusion and accessibility in the Belizean market, which is important for policymakers and financial analysts evaluating the geographic distribution and penetration of credit unions and cooperatives.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Belize.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this indicator to evaluate the geographic distribution and penetration of credit unions and cooperatives in Belize, which is relevant for assessing financial inclusion and accessibility.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Belize, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Belize (BLZFCBODUANUM), retrieved from FRED.