Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Bolivia
BOLFCRODDPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,195.00
Year-over-Year Change
-42.47%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of persons in Bolivia who borrow from deposit-taking institutions other than banks, such as credit unions or microfinance organizations. It provides insight into the broader usage of financial services outside the traditional banking 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 'Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Bolivia' metric tracks the level of financial inclusion and access to alternative credit sources in the Bolivian economy. This data point is valuable for policymakers and economists analyzing financial market development and the reach of the formal financial system.
Methodology
The data is collected through surveys of financial institutions in Bolivia.
Historical Context
This trend is useful for understanding the role of non-bank deposit takers in providing credit and financial services to underserved populations.
Key Facts
- Bolivia has a large informal economy.
- Microfinance is an important source of credit.
- This trend captures financial access beyond traditional banks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of persons in Bolivia who borrow from deposit-taking institutions other than commercial banks, such as credit unions or microfinance organizations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the broader usage of financial services and access to credit sources outside the traditional banking sector, which is important for understanding financial inclusion and development in the Bolivian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of financial institutions in Bolivia.
Q: How is this trend used in economic policy?
A: This trend is useful for policymakers and economists analyzing financial market development and the reach of the formal financial system in Bolivia, particularly the role of non-bank deposit takers in providing credit to underserved populations.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or limitations in survey coverage that can affect the timeliness and completeness of this economic indicator.
Related Trends
Number of Identified Exporters to the Plurinational State of Bolivia from Pennsylvania
PABOLA475SCEN
Amounts Outstanding of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Bolivia
IDSGAMNIAOBO
Number of Identified Exporters to the Plurinational State of Bolivia from West Virginia
WVBOLA475SCEN
Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Bolivia
BOLFCAANUM
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Bolivia
BOLFCBMNUM
Value of Exports to the Plurinational State of Bolivia from Minnesota
MNBOLA052SCEN
Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Bolivia (BOLFCRODDPENUM), retrieved from FRED.