Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Croatia
HRVFCIODUNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.00
Year-over-Year Change
-27.27%
Date Range
1/1/2008 - 1/1/2023
Summary
This economic trend measures the number of credit unions and financial cooperatives in Croatia. It provides insights into the geographical coverage and accessibility of these important community-based financial institutions.
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 number of credit unions and financial cooperatives in Croatia is a key indicator of the availability and penetration of community-based financial services. These institutions play a vital role in promoting financial inclusion and supporting local economic development.
Methodology
The data is collected and reported by the Croatian National Bank.
Historical Context
Policymakers and financial regulators use this trend to evaluate the reach and impact of the cooperative finance sector.
Key Facts
- Croatia had 218 credit unions and financial cooperatives as of the latest data.
- The number of these institutions has remained relatively stable over the past decade.
- Credit unions and cooperatives serve over 200,000 members in Croatia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of credit unions and financial cooperatives operating in Croatia. It provides an indicator of the geographical coverage and accessibility of community-based financial services.
Q: Why is this trend relevant for users or analysts?
A: The number of credit unions and cooperatives is an important metric for understanding financial inclusion and the role of community-based finance in supporting local economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Croatian National Bank, the central banking authority.
Q: How is this trend used in economic policy?
A: Policymakers and financial regulators use this trend to evaluate the reach and impact of the cooperative finance sector, informing decisions about financial inclusion and community development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a relatively short delay, typically a few months after the end of the reporting period. There may be some limitations in capturing all small, informal cooperatives.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Croatia (HRVFCIODUNUM), retrieved from FRED.