Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Guinea
GINFCBODMFKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.20
Year-over-Year Change
132.31%
Date Range
1/1/2004 - 1/1/2017
Summary
This metric tracks the number of microfinance institution (MFI) branches per 1,000 square kilometers in Guinea, providing insight into the geographical coverage and accessibility of financial services.
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 Guinea statistic measures the density of MFI branch locations across the country. This data point is used by policymakers and analysts to assess the reach and penetration of the microfinance sector.
Methodology
The data is collected through surveys of MFIs operating in Guinea.
Historical Context
This indicator is relevant for understanding financial inclusion and the accessibility of banking services in rural and underserved areas.
Key Facts
- Guinea has a land area of 245,857 square kilometers.
- The average number of MFI branches per 1,000 square kilometers in Guinea is 0.78.
- Microfinance is an important tool for financial inclusion in developing economies.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of microfinance institution (MFI) branches per 1,000 square kilometers in Guinea, providing insight into the geographical coverage and accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for understanding financial inclusion and the accessibility of banking services in rural and underserved areas of Guinea.
Q: How is this data collected or calculated?
A: The data is collected through surveys of MFIs operating in Guinea.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the reach and penetration of the microfinance sector, which is an important tool for financial inclusion in developing economies.
Q: Are there update delays or limitations?
A: The data may be subject to survey response lags and limited coverage of the microfinance sector.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Guinea (GINFCBODMFKNUM), retrieved from FRED.