Use of Financial Services: Number of Loan Accounts at Other Financial Intermediaries for Maldives

MDVFCNMNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7,850.00

Year-over-Year Change

1080.45%

Date Range

1/1/2004 - 1/1/2017

Summary

This economic trend measures the number of loan accounts held at other financial intermediaries in Maldives. It provides insight into the level of financial inclusion and access to credit in the Maldivian economy.

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 Use of Financial Services: Number of Loan Accounts at Other Financial Intermediaries for Maldives metric tracks the total number of outstanding loan accounts held at non-bank financial institutions in Maldives. This data point is used by economists and policymakers to assess the breadth of financial services access and the degree of financial intermediation in the country.

Methodology

The data is collected through surveys and reports from Maldivian financial regulators and institutions.

Historical Context

This trend is relevant for understanding financial development and credit market conditions in Maldives.

Key Facts

  • Maldives has a largely service-based economy.
  • Access to credit is important for small businesses.
  • Financial inclusion is a key development goal in Maldives.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of outstanding loan accounts held at non-bank financial institutions in Maldives.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into the level of financial inclusion and access to credit in the Maldivian economy, which is important for understanding economic development and financial sector conditions.

Q: How is this data collected or calculated?

A: The data is collected through surveys and reports from Maldivian financial regulators and institutions.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to assess the breadth of financial services access and the degree of financial intermediation in Maldives.

Q: Are there update delays or limitations?

A: The data may be subject to reporting lags or limited availability from Maldivian sources.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services: Number of Loan Accounts at Other Financial Intermediaries for Maldives (MDVFCNMNUM), retrieved from FRED.