Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Hungary
HUNFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.22
Year-over-Year Change
-1.13%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of commercial bank branches per 100,000 adults in Hungary, providing insights into the geographical reach and accessibility of the country's banking 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 commercial bank branch density indicator offers a valuable perspective on the distribution and penetration of financial services within the Hungarian economy. It is closely monitored by policymakers, financial analysts, and economic researchers to assess the level of financial inclusion and the banking system's ability to serve the population.
Methodology
The data is collected and calculated by the Central Bank of Hungary.
Historical Context
This indicator is relevant for evaluating financial infrastructure development and accessibility.
Key Facts
- Hungary had 23.71 commercial bank branches per 100,000 adults in 2020.
- Branch density has increased by 7.8% since 2010.
- Access to banking services is an important driver of economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 100,000 adults in Hungary, providing insights into the geographical reach and accessibility of the country's banking sector.
Q: Why is this trend relevant for users or analysts?
A: The commercial bank branch density indicator is closely monitored by policymakers, financial analysts, and economic researchers to assess the level of financial inclusion and the banking system's ability to serve the population.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Hungary.
Q: How is this trend used in economic policy?
A: This indicator is relevant for evaluating financial infrastructure development and accessibility, which are important drivers of economic growth and financial inclusion.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Central Bank of Hungary, with minimal delays.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Hungary (HUNFCBODCANUM), retrieved from FRED.