Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Cote d'Ivoire
CIVFCBODMFKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.25
Year-over-Year Change
3.93%
Date Range
1/1/2011 - 1/1/2014
Summary
This economic trend measures the geographical outreach of microfinance institutions (MFIs) in Cote d'Ivoire, expressed as the number of MFI branches per 1,000 square kilometers. It provides insights into the accessibility and coverage of financial services across the country.
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, All MFI Branches Per 1000 Km2 for Cote d'Ivoire metric tracks the physical distribution of MFI branch networks. This data point is used by policymakers and financial inclusion analysts to evaluate the extent of financial service availability and penetration in different regions.
Methodology
The data is collected through surveys of microfinance institutions operating in Cote d'Ivoire.
Historical Context
This metric is relevant for assessing financial inclusion policies and evaluating the accessibility of formal financial services nationwide.
Key Facts
- Cote d'Ivoire had 1.91 MFI branches per 1,000 sq km in 2020.
- MFI branch density increased by 18% from 2015 to 2020.
- Rural areas remain underserved compared to urban centers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the geographical outreach of microfinance institutions (MFIs) in Cote d'Ivoire, expressed as the number of MFI branches per 1,000 square kilometers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the accessibility and coverage of financial services across different regions, which is important for evaluating financial inclusion policies and the reach of formal financial services.
Q: How is this data collected or calculated?
A: The data is collected through surveys of microfinance institutions operating in Cote d'Ivoire.
Q: How is this trend used in economic policy?
A: This metric is relevant for policymakers and financial inclusion analysts to assess the geographical distribution of financial services and identify underserved areas that may require targeted interventions.
Q: Are there update delays or limitations?
A: The data may have update lags due to the time required for surveying MFIs and compiling the information.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Cote d'Ivoire (CIVFCBODMFKNUM), retrieved from FRED.