Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Brazil
BRAFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.32
Year-over-Year Change
-3.37%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic indicator tracks the number of commercial bank branches per 1,000 square kilometers in Brazil, providing insight into the geographical reach and accessibility of the country's banking infrastructure.
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 Brazil metric measures the density of bank branches across the country's geographic area. This statistic is used by economists and policymakers to assess financial inclusion and the distribution of banking services.
Methodology
The data is collected and calculated by the Central Bank of Brazil.
Historical Context
This indicator is relevant for understanding financial access and economic development in Brazil.
Key Facts
- Brazil has over 23,000 commercial bank branches nationwide.
- The bank branch density is highest in the Southeast region of Brazil.
- Branch density has increased by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of commercial bank branches per 1,000 square kilometers in Brazil, providing insight into the geographical reach and accessibility of the country's banking infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to assess financial inclusion and the distribution of banking services across Brazil's diverse regions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Brazil.
Q: How is this trend used in economic policy?
A: This indicator is relevant for understanding financial access and economic development in Brazil, informing decisions around infrastructure investment and financial inclusion initiatives.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Brazil, with some potential for lag in reporting.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Brazil (BRAFCBODCKNUM), retrieved from FRED.