Number of Bank Branches for Portugal
DDAI02PTA643NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.71
Year-over-Year Change
-53.31%
Date Range
1/1/2004 - 1/1/2021
Summary
The 'Number of Bank Branches for Portugal' metric tracks the total number of commercial bank branches operating within Portugal. This indicator provides insight into the accessibility and geographic distribution of banking services in the country.
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 Portugal' data series measures the total number of brick-and-mortar bank branches operated by commercial banks in Portugal. This metric is used by economists and policymakers to assess the financial inclusion and accessibility of banking services for Portuguese citizens and businesses.
Methodology
The data is collected by the World Bank through surveys of national financial regulators and central banks.
Historical Context
Trends in bank branch density are relevant for evaluating financial development, competition, and policies aimed at expanding access to banking services.
Key Facts
- Portugal had 5,291 bank branches as of 2020.
- Bank branch density in Portugal was 51.4 per 100,000 adults in 2020.
- Portugal's bank branch network has contracted by over 30% since 2010.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Bank Branches for Portugal' metric tracks the total number of commercial bank branches operating within the country. It provides insight into the accessibility and geographic distribution of banking services.
Q: Why is this trend relevant for users or analysts?
A: Trends in bank branch density are important for evaluating financial inclusion, competition, and policies aimed at expanding access to banking services for citizens and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through surveys of national financial regulators and central banks.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the development of Portugal's financial system and the accessibility of banking services, which informs policies related to financial inclusion and competition.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be immediately available.
Related Trends
Balance of Payments: Other Investment: Liabilities (or Net Incurrence of Liabilities) for Portugal
PRTB6FAOI03CXCUQ
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Portugal
LCEAMN01PTQ661N
Harmonized Index of Consumer Prices: Maintenance and Repair of Other Major Durables for Recreation and Culture for Portugal
CP0923PTM086NEST
Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Portugal
TDSAMRIAOGGPT
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Portugal
PRTCPHPSE01IXOBM
Infra-Annual Labor Statistics: Labor Force Female: 15 Years or over for Portugal
LFACTTFEPTA647N
Citation
U.S. Federal Reserve, Number of Bank Branches for Portugal (DDAI02PTA643NWDB), retrieved from FRED.