Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Brazil
BRAFCSMMFXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
248,000,000.00
Year-over-Year Change
369.05%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures outstanding loans at non-deposit taking microfinance institutions (MFIs) in Brazil. It provides insights into the accessibility and utilization of financial services in the country's microfinance 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, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Brazil tracks the total value of outstanding loans held by MFIs that do not accept deposits in the Brazilian financial system. This metric is used to assess the depth and reach of microfinance activities, which are crucial for financial inclusion and supporting underserved populations.
Methodology
The data is collected and reported by the Central Bank of Brazil.
Historical Context
Policymakers and financial regulators use this trend to monitor the development of Brazil's microfinance industry and inform policies to promote greater access to financial services.
Key Facts
- Microfinance is a crucial tool for financial inclusion in developing economies.
- Brazil has one of the largest microfinance sectors in Latin America.
- MFIs provide access to credit, savings, and other financial services to underserved populations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding loans held by non-deposit taking microfinance institutions (MFIs) in Brazil. It provides insights into the accessibility and utilization of microfinance services in the country.
Q: Why is this trend relevant for users or analysts?
A: The growth and development of the microfinance sector is crucial for promoting financial inclusion and supporting underserved populations in developing economies like Brazil. This trend is used by policymakers and regulators to monitor the microfinance industry and inform policies to improve access to financial services.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Brazil.
Q: How is this trend used in economic policy?
A: Policymakers and financial regulators use this trend to monitor the development of Brazil's microfinance industry and inform policies to promote greater access to financial services for underserved populations.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and potential delays of the Central Bank of Brazil.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Brazil (BRAFCSMMFXDC), retrieved from FRED.