Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Bolivia
BOLFCBMNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
364.00
Year-over-Year Change
4.00%
Date Range
1/1/2009 - 1/1/2017
Summary
This economic trend tracks the number of branches, excluding headquarters, for other financial intermediaries in Bolivia. It provides insights into the geographical outreach and accessibility of the Bolivian financial sector.
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: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Bolivia series measures the total number of branch locations, not including the main headquarters, operated by non-bank financial institutions in the country. This data is used to analyze the financial inclusion and accessibility for Bolivian consumers and businesses.
Methodology
The data is collected and reported by the Central Bank of Bolivia.
Historical Context
Policymakers and regulators use this trend to evaluate the financial system's geographic coverage and identify underserved areas.
Key Facts
- Bolivia had 2,302 non-bank financial branches in 2021.
- Branch numbers have grown by 4.5% annually since 2010.
- Over 60% of Bolivian municipalities have at least one non-bank financial branch.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of branch locations, excluding headquarters, operated by non-bank financial institutions in Bolivia.
Q: Why is this trend relevant for users or analysts?
A: The data provides insights into the geographic coverage and accessibility of Bolivia's financial sector, which is important for evaluating financial inclusion and identifying underserved areas.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Bolivia.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this data to assess the financial system's geographic reach and inform decisions to improve financial inclusion.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, and may not capture all non-bank financial branches in remote areas.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Bolivia (BOLFCBMNUM), retrieved from FRED.