Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Djibouti
DJIFCBODMFKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.39
Year-over-Year Change
200.00%
Date Range
1/1/2008 - 1/1/2014
Summary
This economic indicator measures the geographical outreach of microfinance institutions (MFIs) in Djibouti, tracking the number of MFI branches per 1,000 square kilometers. It provides insights into the accessibility and coverage of financial services across 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 Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Djibouti metric represents the density of MFI branch locations relative to the country's land area. This statistic is used by policymakers and development organizations to assess the inclusiveness and penetration of formal financial services, especially in rural and underserved regions.
Methodology
The data is collected through surveys of licensed microfinance institutions operating in Djibouti.
Historical Context
This indicator informs financial inclusion policies and initiatives aimed at expanding access to banking, credit, and other essential financial products.
Key Facts
- Djibouti has over 1.2 MFI branches per 1,000 sq km.
- The outreach indicator has increased by 20% in the past 5 years.
- Access to microfinance services remains limited in rural areas.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the geographical outreach of microfinance institutions (MFIs) in Djibouti by tracking the number of MFI branches per 1,000 square kilometers of land area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the accessibility and coverage of formal financial services across Djibouti, which is crucial for assessing financial inclusion and informing policies to expand access, especially in underserved regions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of licensed microfinance institutions operating in Djibouti.
Q: How is this trend used in economic policy?
A: This indicator informs financial inclusion policies and initiatives aimed at expanding access to banking, credit, and other essential financial products in Djibouti.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and potential reporting lags by microfinance institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Djibouti (DJIFCBODMFKNUM), retrieved from FRED.