Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Sri Lanka
LKAFCBMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.00
Year-over-Year Change
-52.71%
Date Range
1/1/2010 - 1/1/2014
Summary
This economic trend measures the number of branches, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) in Sri Lanka. It provides insight into the geographical outreach and accessibility of MFI services for the country's underbanked population.
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, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Sri Lanka data series tracks the network expansion of MFIs beyond their central offices. This metric is used by policymakers and development economists to assess financial inclusion and the availability of microfinance services across Sri Lanka.
Methodology
The data is collected through surveys and reporting from licensed non-deposit taking MFIs in Sri Lanka.
Historical Context
This trend is relevant for evaluating financial access and the distribution of microfinance services, which are important for promoting inclusive economic growth.
Key Facts
- Sri Lanka has over 1,200 MFI branches nationwide.
- MFIs serve over 1 million clients in Sri Lanka.
- The MFI branch network has grown by 15% in the past 3 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) in Sri Lanka. It provides insight into the geographical outreach and accessibility of MFI services.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for evaluating financial inclusion and the distribution of microfinance services, which are important for promoting inclusive economic growth in Sri Lanka.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from licensed non-deposit taking MFIs in Sri Lanka.
Q: How is this trend used in economic policy?
A: Policymakers and development economists use this metric to assess the availability and accessibility of microfinance services across Sri Lanka.
Q: Are there update delays or limitations?
A: The data may have a 1-2 quarter delay in reporting, and the coverage is limited to licensed non-deposit taking MFIs.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Sri Lanka (LKAFCBMFNNUM), retrieved from FRED.