Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Comoros
COMFCLOFMXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
794,813,700.00
Year-over-Year Change
N/A%
Date Range
1/1/2005 - 1/1/2010
Summary
This economic trend measures the outstanding deposits held by households in Comoros at other financial intermediaries. It provides insights into the country's financial services utilization and household liquidity.
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, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Comoros tracks the value of deposits made by households with non-bank financial institutions in the country. This metric offers a window into the depth of financial intermediation and the ability of households to access diverse financial services.
Methodology
The data is collected by the Central Bank of Comoros through surveys of financial institutions.
Historical Context
This trend is used by policymakers and analysts to assess the development of Comoros' financial sector and the inclusion of households in the formal financial system.
Key Facts
- Comoros has a population of around 850,000 people.
- The Central Bank of Comoros oversees the country's financial sector.
- Household deposits at non-bank institutions are an important source of funding in Comoros.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held by households in Comoros at non-bank financial institutions, providing insights into financial services utilization and household liquidity.
Q: Why is this trend relevant for users or analysts?
A: This trend offers valuable information about the development of Comoros' financial sector and the inclusion of households in the formal financial system, which is relevant for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Comoros through surveys of financial institutions in the country.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to assess the depth of financial intermediation and the ability of households to access diverse financial services in Comoros.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and potential revisions by the Central Bank of Comoros.
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Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Financial Intermediaries for Comoros
COMFCBMLNUM
Number of Identified Exporters to Comoros from New York
NYCOMA475SCEN
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OKCOMA475SCEN
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Comoros (COMFCLOFMXDC), retrieved from FRED.