Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Mali
MLIFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
42.20%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of commercial bank branches per 1,000 square kilometers in Mali, providing insights into the geographical outreach and accessibility of financial 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 1000 Km2 for Mali metric tracks the density of commercial bank branches across the country, a key indicator of financial inclusion and access to banking services for the population.
Methodology
The data is collected and reported by the Central Bank of West African States.
Historical Context
This metric is used by policymakers and economists to evaluate financial sector development and identify areas with limited banking infrastructure.
Key Facts
- Mali has 0.58 commercial bank branches per 1,000 square kilometers.
- The branch density is lower in rural areas compared to urban centers.
- Improving financial access is a key policy objective for the Malian government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 1,000 square kilometers in Mali, providing insights into the geographical outreach and accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating financial sector development and identifying areas with limited banking infrastructure, which is crucial for improving financial inclusion and access to banking services for the population.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of West African States.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess financial sector development and guide policies aimed at improving access to banking services, particularly in underserved rural areas.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the reporting agency.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Mali (MLIFCBODCKNUM), retrieved from FRED.