Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Ethiopia
ETHFCBMNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.00
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2012
Summary
This economic trend measures the number of branches, excluding headquarters, for other financial intermediaries in Ethiopia. It provides insights into the geographical outreach and accessibility of non-bank financial 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 Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Ethiopia series tracks the branch network of financial institutions other than banks, such as microfinance institutions and insurance companies. This data is useful for analyzing the growth and distribution of alternative financial services across different regions of Ethiopia.
Methodology
The data is collected and reported by the National Bank of Ethiopia.
Historical Context
This trend is relevant for policymakers and financial sector analysts evaluating the level of financial inclusion and access to non-banking services in Ethiopia.
Key Facts
- The number of branches for other financial intermediaries in Ethiopia has grown steadily in recent years.
- Microfinance institutions account for the majority of the branch network outside of bank headquarters.
- Expanding geographical outreach is a key policy goal to improve financial inclusion in rural and underserved areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for financial institutions in Ethiopia that are not commercial banks, such as microfinance organizations and insurance companies.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the growth and distribution of alternative financial services beyond traditional banking, which is important for evaluating financial inclusion and access to non-bank financial products across different regions of Ethiopia.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Bank of Ethiopia, the country's central banking authority.
Q: How is this trend used in economic policy?
A: Policymakers and financial sector analysts use this data to assess the geographical outreach and accessibility of non-banking financial services, which is a key priority for improving financial inclusion in Ethiopia.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and procedures of the National Bank of Ethiopia, which may result in occasional delays or revisions to the published figures.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Ethiopia (ETHFCBMNUM), retrieved from FRED.