Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Madagascar
MDGFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.88
Year-over-Year Change
103.23%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the number of commercial bank branches per 100,000 adults in Madagascar, providing insights into the country's financial inclusion and access to banking services.
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 Commercial Bank Branches Per 100,000 Adults metric tracks the availability and distribution of physical bank branches across the Malagasy population, a key indicator of financial access and infrastructure.
Methodology
The data is collected and reported by the World Bank as part of its Global Financial Inclusion (Global Findex) database.
Historical Context
This trend is used by policymakers, development economists, and financial analysts to assess financial inclusion and the health of Madagascar's banking sector.
Key Facts
- Madagascar had 2.93 commercial bank branches per 100,000 adults in 2017.
- The country's bank branch density is below the Sub-Saharan African average.
- Improving financial inclusion is a key development priority for Madagascar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 100,000 adults in Madagascar, providing insights into the country's financial inclusion and access to banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing the state of financial infrastructure and access to banking in Madagascar, which is a key indicator of economic development and financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Global Financial Inclusion (Global Findex) database.
Q: How is this trend used in economic policy?
A: Policymakers, development economists, and financial analysts use this trend to evaluate financial inclusion and the health of Madagascar's banking sector, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is published periodically by the World Bank, with the latest available year typically lagging the current period by a few years.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Madagascar (MDGFCBODCANUM), retrieved from FRED.