Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Cote d'Ivoire

CIVFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.18

Year-over-Year Change

39.24%

Date Range

1/1/2004 - 1/1/2022

Summary

This economic trend measures the number of commercial bank branches per 1,000 square kilometers in Cote d'Ivoire, providing insight into the geographic accessibility of banking services.

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 Cote d'Ivoire metric offers a gauge of a country's financial inclusion and infrastructure, reflecting the physical presence and distribution of banking services across the national territory.

Methodology

The data is collected by the World Bank through surveys of national financial regulators and institutions.

Historical Context

This indicator is used by policymakers and development economists to assess progress in expanding access to formal financial services.

Key Facts

  • Cote d'Ivoire had 1.72 commercial bank branches per 1,000 square kilometers in 2020.
  • The number of branches per square kilometer has increased by 34% since 2010.
  • Access to banking services varies significantly by region within Cote d'Ivoire.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of commercial bank branches per 1,000 square kilometers in Cote d'Ivoire, providing insight into the geographic accessibility of banking services.

Q: Why is this trend relevant for users or analysts?

A: This indicator is important for assessing financial inclusion and the development of banking infrastructure within a country.

Q: How is this data collected or calculated?

A: The data is collected by the World Bank through surveys of national financial regulators and institutions.

Q: How is this trend used in economic policy?

A: Policymakers and development economists use this indicator to evaluate progress in expanding access to formal financial services.

Q: Are there update delays or limitations?

A: The data is published annually with a slight delay, and may not capture all banking locations or regional variations within Cote d'Ivoire.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Cote d'Ivoire (CIVFCBODCKNUM), retrieved from FRED.