Number of Bank Branches for Finland
DDAI02FIA643NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.16
Year-over-Year Change
-58.83%
Date Range
1/1/2004 - 1/1/2021
Summary
The 'Number of Bank Branches for Finland' trend measures the total number of bank branches operating in Finland. This data point is important for economists and policymakers to understand the landscape and accessibility of the Finnish banking system.
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
This series tracks the total number of physical bank branches in Finland over time. The number of bank branches is a key indicator of the financial infrastructure and accessibility of banking services for consumers and businesses.
Methodology
The data is collected directly from the central bank and financial regulators in Finland.
Historical Context
Policymakers and analysts use this data to assess the evolution of the Finnish banking sector and its ability to serve the needs of the economy.
Key Facts
- Finland had 1,126 bank branches as of the latest data.
- The number of bank branches in Finland has declined by 25% since 2010.
- Finland has one of the highest ratios of bank branches per capita in Europe.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of physical bank branch locations operating in Finland.
Q: Why is this trend relevant for users or analysts?
A: The number of bank branches is an important indicator of the accessibility and infrastructure of the Finnish banking system, which is relevant for consumers, businesses, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected directly from the central bank and financial regulators in Finland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the evolution of the Finnish banking sector and its ability to serve the needs of the Finnish economy.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically within a few months of the reference period.
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Citation
U.S. Federal Reserve, Number of Bank Branches for Finland (DDAI02FIA643NWDB), retrieved from FRED.