People 15 Years and Over with Account at a Formal Financial Institution for Swaziland
DDAI05SZA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.57
Year-over-Year Change
0.00%
Date Range
1/1/2011 - 1/1/2011
Summary
This economic trend measures the percentage of people aged 15 and older who have an account at a formal financial institution in Swaziland. It provides insights into financial inclusion and access to 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 'People 15 Years and Over with Account at a Formal Financial Institution for Swaziland' metric is a key indicator of financial development and economic well-being. It tracks the prevalence of basic banking services and helps policymakers assess progress towards greater financial inclusion.
Methodology
The data is collected through household surveys conducted by the World Bank.
Historical Context
This trend is used by economists, policymakers, and financial institutions to analyze financial sector development and inform policies aimed at expanding access to banking services.
Key Facts
- Swaziland's account ownership rate was 43.3% in 2017.
- The trend has increased from 29.2% in 2011 to 43.3% in 2017.
- Financial inclusion is a key priority for Swaziland's economic policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of people aged 15 and older who have an account at a formal financial institution in Swaziland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into financial inclusion and access to basic banking services, which are crucial for economic development and poverty reduction.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the World Bank.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and financial institutions to analyze financial sector development and inform policies aimed at expanding access to banking services.
Q: Are there update delays or limitations?
A: The data is updated periodically by the World Bank, and there may be some delays in the availability of the most recent figures.
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Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Swaziland
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NYGDPPCAPKDSWZ
Number of Identified Exporters to Swaziland from Montana
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Citation
U.S. Federal Reserve, People 15 Years and Over with Account at a Formal Financial Institution for Swaziland (DDAI05SZA156NWDB), retrieved from FRED.