Geographical Outreach: Number of Commercial Banks for Kiribati
KIRFCIODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2011 - 1/1/2013
Summary
The 'Geographical Outreach: Number of Commercial Banks for Kiribati' metric tracks the total number of commercial banks operating in the Pacific island nation of Kiribati. This data point is important for understanding financial inclusion and economic development in the region.
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
This series measures the total number of commercial banks with a physical presence in Kiribati. It provides insight into the level of banking infrastructure and accessibility for consumers and businesses in the country. The data is used by economists and policymakers to evaluate financial sector growth and financial inclusion trends.
Methodology
The data is collected by the Central Bank of Kiribati through surveys of licensed commercial banking institutions.
Historical Context
Trends in the number of commercial banks operating in Kiribati are closely monitored by international financial institutions and development agencies to assess progress towards financial sector development goals.
Key Facts
- Kiribati is a Pacific island nation with a population of around 120,000 people.
- As of the latest data, there are 3 commercial banks operating in Kiribati.
- Expanding banking access is a key development priority for the Kiribati government.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of commercial banks with a physical presence in Kiribati. It provides insight into the level of banking infrastructure and accessibility in the country.
Q: Why is this trend relevant for users or analysts?
A: Trends in the number of commercial banks operating in Kiribati are closely monitored by economists and policymakers to assess progress towards financial inclusion and economic development goals.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Kiribati through surveys of licensed commercial banking institutions.
Q: How is this trend used in economic policy?
A: This metric is used by international financial institutions and development agencies to evaluate financial sector growth and access to banking services in Kiribati.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically within a few months of the reference period.
Related Trends
Use of Financial Services Borrowers: Households Borrowing from Commercial Banks for Kiribati
KIRFCRODCHPENUM
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Kiribati
DDOI09KIA156NWDB
Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Credit Unions and Financial Cooperatives for Kiribati
KIRFCSODUSXDC
Bank's Net Interest Margin for Kiribati
DDEI01KIA156NWDB
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KIRFCAODCSPNUM
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HIKIRA475SCEN
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Commercial Banks for Kiribati (KIRFCIODCNUM), retrieved from FRED.