Number of Bank Branches for Antigua and Barbuda

DDAI02AGA643NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20.91

Year-over-Year Change

-45.48%

Date Range

1/1/2009 - 1/1/2020

Summary

The 'Number of Bank Branches for Antigua and Barbuda' trend measures the total number of commercial bank branches located in Antigua and Barbuda. This metric is important for economists and policymakers to assess financial access and banking sector development.

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 Bank Branches for Antigua and Barbuda' data series tracks the total count of physical commercial bank branches operating in the country. This indicator provides insight into the availability and geographic distribution of banking services, which is a key component of financial inclusion and overall economic development.

Methodology

The data is collected and reported by the World Bank's Global Financial Development Database.

Historical Context

Policymakers use this metric to evaluate financial sector policies and their impact on banking infrastructure and financial access.

Key Facts

  • Antigua and Barbuda had 78 commercial bank branches as of the latest data.
  • Bank branch density in Antigua and Barbuda is 7.5 branches per 100,000 adults.
  • The number of bank branches in Antigua and Barbuda has remained relatively stable in recent years.

FAQs

Q: What does this economic trend measure?

A: The 'Number of Bank Branches for Antigua and Barbuda' measures the total count of physical commercial bank branches operating in the country.

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

A: This metric provides insight into the availability and geographic distribution of banking services, which is a key component of financial inclusion and overall economic development.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank's Global Financial Development Database.

Q: How is this trend used in economic policy?

A: Policymakers use this metric to evaluate financial sector policies and their impact on banking infrastructure and financial access.

Q: Are there update delays or limitations?

A: The data is published annually, so there may be a 1-year delay in the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Number of Bank Branches for Antigua and Barbuda (DDAI02AGA643NWDB), retrieved from FRED.