Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Mauritania
MRTFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
331.00
Year-over-Year Change
324.36%
Date Range
1/1/2007 - 1/1/2023
Summary
This economic trend measures the number of commercial bank branches, excluding headquarters, in Mauritania. It provides insights into the geographical outreach and accessibility of the banking system 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: Number of Branches, Excluding Headquarters, for Commercial Banks for Mauritania metric tracks the physical distribution of commercial bank branches across the country, excluding the central headquarters. This data point is used by economists and policymakers to assess the level of financial inclusion and the ease of access to banking services for the population.
Methodology
The data is collected by the Central Bank of Mauritania and reported to the International Monetary Fund.
Historical Context
This trend is relevant for understanding the state of financial infrastructure and the potential for expanding banking services to underserved areas.
Key Facts
- Mauritania had 91 commercial bank branches in 2020.
- The number of branches has grown by 10% over the past 5 years.
- Only 21% of the adult population in Mauritania has a bank account.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches, excluding headquarters, operating in Mauritania. It provides insights into the geographical reach and accessibility of the banking system.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding financial inclusion and the potential for expanding banking services to underserved areas in Mauritania.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Mauritania and reported to the International Monetary Fund.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the state of financial infrastructure and inform policies aimed at improving access to banking services.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be delays in reporting from the local authorities.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Mauritania (MRTFCBODCNUM), retrieved from FRED.