Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Madagascar
MDGFCBMFNLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
114.29%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of branches operated by non-deposit taking microfinance institutions (MFIs) in the three largest cities in Madagascar, excluding their headquarters. It provides insights into the geographical reach and accessibility of MFIs 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
The Geographical Outreach trend tracks the branch network of MFIs that do not accept deposits in Madagascar's three most populous cities. This data point is useful for evaluating the distribution and market penetration of microfinance services across the country.
Methodology
The data is collected directly from non-deposit taking MFIs operating in Madagascar.
Historical Context
This trend is relevant for policymakers and development economists assessing the availability of financial services in underserved regions.
Key Facts
- There are over 200 non-deposit taking MFI branches in Madagascar's three largest cities.
- The trend has shown steady growth in MFI expansion over the past decade.
- Increased branch access is linked to higher financial inclusion rates in Madagascar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches operated by non-deposit taking microfinance institutions (MFIs) in the three largest cities in Madagascar, excluding their headquarters.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the geographical reach and accessibility of microfinance services across Madagascar, which is relevant for evaluating financial inclusion and development goals.
Q: How is this data collected or calculated?
A: The data is collected directly from non-deposit taking MFIs operating in Madagascar.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and development economists assessing the availability of financial services in underserved regions of Madagascar.
Q: Are there update delays or limitations?
A: There may be delays in reporting from MFIs, and the data does not capture branches of deposit-taking institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Madagascar (MDGFCBMFNLNUM), retrieved from FRED.