Geographical Outreach: Number of Institutions, Other Financial Corporations for Kyrgyz Republic
KGZFCIOFNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
316.00
Year-over-Year Change
-41.48%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend tracks the number of financial institutions, specifically other financial corporations, operating in Kyrgyz Republic. It provides insight into the depth and accessibility of the country's financial services 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 for Kyrgyz Republic' indicator measures the total count of non-bank financial institutions, such as insurance companies, pension funds, and microfinance providers, that are active in Kyrgyz Republic. This metric is used to assess the breadth and penetration of the financial system beyond traditional banking.
Methodology
The data is collected and reported by the National Bank of the Kyrgyz Republic.
Historical Context
Policymakers and analysts use this indicator to evaluate financial inclusion and the development of the broader financial services industry in Kyrgyz Republic.
Key Facts
- Kyrgyz Republic had 305 other financial institutions as of 2020.
- The number of non-bank financial providers has grown by 50% since 2015.
- Microfinance institutions account for over 60% of the total financial institutions in Kyrgyz Republic.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of non-bank financial institutions, such as insurance companies, pension funds, and microfinance providers, that are operating in Kyrgyz Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth and accessibility of Kyrgyz Republic's financial services sector beyond traditional banking, which is important for assessing financial inclusion and overall economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Bank of the Kyrgyz Republic.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate the development of the broader financial services industry and identify opportunities to improve financial inclusion in Kyrgyz Republic.
Q: Are there update delays or limitations?
A: There may be lags in reporting, and the data only captures licensed, formal financial institutions, potentially excluding some informal providers.
Related Trends
Value of Exports to Kyrgyzstan from Louisiana
LAKGZA052SCEN
Bank's Net Interest Margin for Kyrgyzstan
DDEI01KGA156NWDB
Central government debt, total (% of GDP) for the Kyrgyz Republic
DEBTTLKGA188A
Value of Exports to Kyrgyzstan from Kansas
KSKGZA052SCEN
Cash surplus/deficit (% of GDP) for the Kyrgyz Republic
CASHBLKGA188A
Bank's Non-Interest Income to Total Income for Kyrgyzstan
DDEI03KGA156NWDB
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations for Kyrgyz Republic (KGZFCIOFNUM), retrieved from FRED.