Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Lesotho
LSOFCBODUKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.33
Year-over-Year Change
150.00%
Date Range
1/1/2012 - 1/1/2022
Summary
This economic trend measures the number of credit union and financial cooperative branches per 1,000 square kilometers in Lesotho. It provides insights into the geographical reach and accessibility of financial services in 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
The Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Lesotho data series tracks the spatial distribution of financial institutions in Lesotho. It is used by policymakers and analysts to assess financial inclusion and the provision of banking services across the country.
Methodology
The data is collected and reported by the Central Bank of Lesotho.
Historical Context
This metric is relevant for evaluating financial access and infrastructure development policies.
Key Facts
- Lesotho has a land area of 30,355 square kilometers.
- The number of credit union and financial cooperative branches per 1,000 square kilometers was 0.49 in 2020.
- Financial inclusion is a key development priority for the Lesotho government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of credit union and financial cooperative branches per 1,000 square kilometers in Lesotho. It provides insights into the geographical distribution and accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating financial inclusion and the provision of banking services across Lesotho. It helps policymakers and analysts assess the spatial coverage of financial infrastructure.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Lesotho.
Q: How is this trend used in economic policy?
A: This metric is relevant for informing policies aimed at improving financial access and infrastructure development in Lesotho.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis, but there may be some delays in publication.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Lesotho (LSOFCBODUKNUM), retrieved from FRED.