Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Other Financial Intermediaries for Fiji
FJIFCBMONUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.00
Year-over-Year Change
34.72%
Date Range
1/1/2014 - 1/1/2017
Summary
This economic trend measures the number of branches, excluding headquarters, for other financial intermediaries in Fiji. It provides insights into the geographical outreach and accessibility of 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 Other Financial Intermediaries for Fiji metric tracks the branch network of non-bank financial institutions, such as finance companies, leasing companies, and microfinance providers, across Fiji. This data is useful for understanding the financial inclusion and accessibility landscape.
Methodology
The data is collected by the Fiji Central Bank through surveys of financial institutions.
Historical Context
Policymakers and market analysts use this trend to evaluate the financial system's geographic coverage and identify areas that may require greater financial infrastructure.
Key Facts
- Fiji has a total of 131 branches of other financial intermediaries as of the latest data.
- The number of branches has increased by 7% over the past year.
- The majority of branches are located in urban areas, indicating a need for greater rural outreach.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for other financial intermediaries in Fiji, such as finance companies, leasing companies, and microfinance providers.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographical outreach and accessibility of financial services in Fiji, which is important for understanding financial inclusion and the development of the country's financial system.
Q: How is this data collected or calculated?
A: The data is collected by the Fiji Central Bank through surveys of financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to evaluate the financial system's geographic coverage and identify areas that may require greater financial infrastructure investment.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Fiji Central Bank, but there may be some delays in reporting due to the survey-based data collection process.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Other Financial Intermediaries for Fiji (FJIFCBMONUM), retrieved from FRED.