Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Congo
COGFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.95
Year-over-Year Change
1634.84%
Date Range
1/1/2008 - 1/1/2022
Summary
This economic trend measures the number of commercial bank branches per 100,000 adults in the Republic of the Congo. It provides insight into the geographic accessibility of financial services for the population.
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 commercial bank branch density indicator tracks the physical banking infrastructure available to adults in the Republic of the Congo. This metric is used by economists and policymakers to assess financial inclusion and the reach of the formal banking system.
Methodology
The data is collected and reported by the Central Bank of the Republic of the Congo.
Historical Context
This indicator informs policies aimed at expanding financial access and promoting economic development.
Key Facts
- The Republic of the Congo has one of the lowest commercial bank branch densities in the world.
- Branch density has increased over the past decade but remains below the regional average.
- Expanding financial access is a key priority for economic development in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 100,000 adults in the Republic of the Congo, providing insight into the geographic accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This indicator is used by economists and policymakers to assess financial inclusion and the reach of the formal banking system, which informs policies aimed at expanding access and promoting economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of the Republic of the Congo.
Q: How is this trend used in economic policy?
A: This indicator informs policies aimed at expanding financial access and promoting economic development in the Republic of the Congo.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodological decisions of the Central Bank of the Republic of the Congo.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Congo (COGFCBODCANUM), retrieved from FRED.