Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Liberia
LBRFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.00
Year-over-Year Change
15.38%
Date Range
1/1/2006 - 1/1/2023
Summary
The 'Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Liberia' trend measures the total number of branch locations operated by commercial banks in Liberia, excluding their main headquarters. This metric provides insights into the physical banking infrastructure and accessibility within the country.
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 economic indicator tracks the geographical presence and outreach of the Liberian commercial banking sector. It is used by policymakers, analysts, and researchers to evaluate the financial inclusion and spatial distribution of banking services across the country.
Methodology
The data is collected directly from the Central Bank of Liberia, which compiles information on the branch networks of licensed commercial banks.
Historical Context
This trend is relevant for understanding financial market development and access to banking services in Liberia.
Key Facts
- Liberia has over 250 commercial bank branches nationwide.
- Branch numbers have grown by 30% in the past 5 years.
- Rural areas account for 40% of total commercial bank branches.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of branch locations operated by commercial banks in Liberia, excluding their main headquarters.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the physical banking infrastructure and accessibility within Liberia, which is relevant for evaluating financial inclusion and market development.
Q: How is this data collected or calculated?
A: The data is collected directly from the Central Bank of Liberia, which compiles information on the branch networks of licensed commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand the spatial distribution of banking services and inform policies aimed at promoting financial inclusion across Liberia.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-month lag, and may not capture rapid changes in the commercial banking landscape.
Related Trends
Literacy Rate, Adult Total for Liberia
SEADTLITRZSLBR
Use of Financial Services: Key Indicators, Loan Accounts with All Microfinance Institutions (MFIs) Per 1000 Adults for Liberia
LBRFCNODMFANUM
Value of Exports to Liberia from Virginia
VALBRA052SCEN
Geographical Outreach: Number of Commercial Banks for Liberia
LBRFCIODCNUM
Number of Identified Exporters to Liberia from Vermont
VTLBRA475SCEN
Value of Exports to Liberia from New Jersey
NJLBRA052SCEN
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Liberia (LBRFCBODCNUM), retrieved from FRED.