Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Jamaica
JAMFCBODDLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.00
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of branches, excluding headquarters, operated by other deposit takers in Jamaica's three largest cities. It provides insight into the geographical outreach and accessibility of the financial system.
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 Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Jamaica series tracks the physical presence of non-bank financial institutions across major urban centers in the country. This metric is useful for analyzing the inclusiveness and penetration of the financial sector.
Methodology
The data is collected directly from regulatory authorities and financial institutions.
Historical Context
Policymakers use this metric to assess financial inclusion and the accessibility of banking services.
Key Facts
- Jamaica has three major urban centers: Kingston, Montego Bay, and Spanish Town.
- Other deposit takers include non-bank financial institutions like credit unions and microfinance providers.
- This metric excludes bank headquarters to focus on retail branch presence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, operated by other deposit takers in Jamaica's three largest cities. It provides insight into the geographical outreach and accessibility of the financial system.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for analyzing the inclusiveness and penetration of the financial sector, which is important for policymakers assessing financial inclusion and the accessibility of banking services.
Q: How is this data collected or calculated?
A: The data is collected directly from regulatory authorities and financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess financial inclusion and the accessibility of banking services across Jamaica's major urban centers.
Q: Are there update delays or limitations?
A: There may be delays in data reporting by financial institutions, and the metric only covers the three largest cities, excluding headquarters.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Jamaica (JAMFCBODDLNUM), retrieved from FRED.