Number of Bank Branches for Fiji
DDAI02FJA643NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.69
Year-over-Year Change
-7.99%
Date Range
1/1/2004 - 1/1/2020
Summary
The Number of Bank Branches for Fiji metric tracks the total number of commercial bank branches operating within the country. This data point is important for economists and policymakers to understand the accessibility and reach of the Fijian 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
The Number of Bank Branches for Fiji represents the total count of physical commercial bank branch locations across the country. This metric provides insight into the financial infrastructure and the degree of banking services available to Fijian consumers and businesses.
Methodology
The data is collected by the World Bank through national banking regulatory authorities.
Historical Context
Policymakers use this metric to assess financial inclusion and monitor the evolution of the Fijian banking sector.
Key Facts
- Fiji had 153 commercial bank branches in 2020.
- The number of bank branches in Fiji has increased by 22% since 2010.
- Fiji has one of the highest rates of bank branch density in the Pacific region.
FAQs
Q: What does this economic trend measure?
A: The Number of Bank Branches for Fiji metric tracks the total count of physical commercial bank branch locations operating within the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the accessibility and reach of the Fijian banking system, which is important for understanding financial inclusion and the evolution of the country's financial infrastructure.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through national banking regulatory authorities in Fiji.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess financial inclusion and monitor the development of the Fijian banking sector.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year.
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Citation
U.S. Federal Reserve, Number of Bank Branches for Fiji (DDAI02FJA643NWDB), retrieved from FRED.