Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Congo
CODFCBODUANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.22
Year-over-Year Change
-49.30%
Date Range
1/1/2011 - 1/1/2019
Summary
This indicator tracks the number of credit union and financial cooperative branches per 100,000 adults in the Democratic Republic of the Congo. It provides insights into the geographic outreach and accessibility of financial services in 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 number of branches per capita is a key metric for evaluating the physical presence and reach of credit unions and financial cooperatives, which play an important role in financial inclusion in many developing economies. This data can inform policymakers and analysts about the state of financial infrastructure and access.
Methodology
The data is collected and calculated by the World Bank from national financial sector regulatory authorities.
Historical Context
Policymakers use this metric to assess financial sector development and identify areas for improving geographic coverage of financial services.
Key Facts
- The latest data shows there are 2.6 credit union/cooperative branches per 100,000 adults in Congo.
- This rate is significantly lower than the global average of 13.7 branches per 100,000 adults.
- Improving physical access to financial services is a key policy goal for increasing financial inclusion in Congo.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of credit union and financial cooperative branches per 100,000 adults in the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: The geographic reach and accessibility of financial services is a critical factor for financial inclusion, which is a key development priority in many emerging economies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from national financial sector regulatory authorities.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess financial sector development and identify areas for improving geographic coverage of financial services.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so it may not reflect the most current conditions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Congo (CODFCBODUANUM), retrieved from FRED.