Use of Financial Services, Assets: Outstanding Loans at Deposit Taking Microfinance Institutions (MFIs) for Djibouti
DJIFCSODMFXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
251,000,000.00
Year-over-Year Change
59.67%
Date Range
1/1/2008 - 1/1/2023
Summary
This economic trend measures the outstanding loans at deposit-taking microfinance institutions (MFIs) in Djibouti. It provides insights into the scale and utilization of microfinance services in the country's financial sector.
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 outstanding loans at deposit-taking MFIs in Djibouti represent the total value of loans extended by these institutions to individual and small business borrowers. This metric is used to gauge the depth and reach of microfinance activities, which play a key role in financial inclusion and economic development.
Methodology
The data is collected directly from deposit-taking MFIs operating in Djibouti.
Historical Context
Policymakers and market analysts use this trend to assess the growth and impact of the microfinance industry in Djibouti.
Key Facts
- Djibouti has a large, active microfinance sector.
- Microfinance is critical for financial inclusion in Djibouti.
- Outstanding MFI loans have steadily increased in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding loans held by deposit-taking microfinance institutions (MFIs) in Djibouti.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the scale and growth of microfinance activities, which play a crucial role in financial inclusion and economic development in Djibouti.
Q: How is this data collected or calculated?
A: The data is collected directly from deposit-taking MFIs operating in Djibouti.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the impact and growth of the microfinance industry in Djibouti.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, providing timely insights into the microfinance sector.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Deposit Taking Microfinance Institutions (MFIs) for Djibouti (DJIFCSODMFXDC), retrieved from FRED.