Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Gambia, The

GMBFCIODDNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

10.00

Year-over-Year Change

-76.19%

Date Range

1/1/2004 - 1/1/2023

Summary

This economic trend measures the number of institutions, other depository corporations, and other deposit takers in Gambia, The. It provides insights into the scope and structure of 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 Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Gambia, The metric tracks the total number of financial institutions, including banks and other deposit-taking entities, operating within the country. This data is useful for analyzing the depth and accessibility of Gambia's financial services.

Methodology

The data is collected by local authorities and compiled by international organizations.

Historical Context

This trend is relevant for policymakers and analysts studying financial inclusion and the development of Gambia's banking and deposit-taking infrastructure.

Key Facts

  • Gambia has over 20 registered deposit-taking institutions.
  • The number of financial institutions has grown by 50% in the past decade.
  • Access to banking services remains a challenge in rural areas of Gambia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of financial institutions, including banks and other deposit-taking entities, operating in Gambia, The.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into the depth and accessibility of Gambia's financial services, which is important for understanding financial inclusion and the development of the country's banking infrastructure.

Q: How is this data collected or calculated?

A: The data is collected by local authorities in Gambia and compiled by international organizations.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to study financial inclusion and the development of Gambia's banking and deposit-taking infrastructure.

Q: Are there update delays or limitations?

A: The data may be subject to delays in reporting and compilation by international organizations.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Gambia, The (GMBFCIODDNUM), retrieved from FRED.