People 15 Years and Over Saving at a Financial Institution in the Past Year for Tajikistan
DDAI06TJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.07
Year-over-Year Change
271.67%
Date Range
1/1/2011 - 1/1/2021
Summary
This economic trend measures the percentage of people aged 15 and older in Tajikistan who reported saving at a financial institution in the past year. It provides insights into the financial inclusion and savings behavior of the Tajik population.
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 Saving at a Financial Institution in the Past Year for Tajikistan' metric is an important indicator of financial access and usage in the country. It reflects the level of engagement with the formal banking system and can inform policymakers about barriers to financial inclusion.
Methodology
This data is collected through household surveys conducted by the World Bank.
Historical Context
The trend is useful for analyzing the development of Tajikistan's financial sector and designing policies to promote greater financial inclusion.
Key Facts
- Tajikistan's financial inclusion rate was 36.7% in 2017.
- Savings at financial institutions are more common in urban areas than rural areas.
- Women in Tajikistan are less likely to save at a financial institution than men.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of people aged 15 and older in Tajikistan who reported saving at a financial institution in the past year.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the level of financial inclusion and engagement with the formal banking system in Tajikistan, which is important for understanding the country's economic development and designing policies to promote greater financial access.
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 policymakers and economists to analyze the development of Tajikistan's financial sector and to design policies that can promote greater financial inclusion in the country.
Q: Are there update delays or limitations?
A: The data is updated periodically by the World Bank, but there may be delays in the availability of the most recent information.
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Citation
U.S. Federal Reserve, People 15 Years and Over Saving at a Financial Institution in the Past Year for Tajikistan (DDAI06TJA156NWDB), retrieved from FRED.