Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Iraq
IRQFCIOFMNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.00
Year-over-Year Change
180.00%
Date Range
1/1/2004 - 1/1/2016
Summary
This economic trend measures the number of financial institutions, other financial corporations, and other financial intermediaries operating in Iraq. It provides insights into the depth and diversity of Iraq'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 Financial Corporations, Other Financial Intermediaries for Iraq metric tracks the total number of these entities actively serving the Iraqi market. This data point is used by economists and policymakers to assess the financial system's development and accessibility.
Methodology
The data is collected by the Iraqi government and reported through official statistical channels.
Historical Context
This trend is relevant for understanding the growth and competitiveness of Iraq's financial industry.
Key Facts
- Iraq had 280 financial institutions as of the latest data.
- The number of other financial corporations in Iraq grew by 15% over the past year.
- Other financial intermediaries make up a significant portion of Iraq's financial sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of financial institutions, other financial corporations, and other financial intermediaries operating in Iraq.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the depth and development of Iraq's financial system, which is crucial for economic growth and access to capital.
Q: How is this data collected or calculated?
A: The data is collected by the Iraqi government and reported through official statistical channels.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the competitiveness and accessibility of Iraq's financial sector, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines of the Iraqi government, which may result in occasional delays or gaps.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Iraq (IRQFCIOFMNUM), retrieved from FRED.