Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Mauritania
MRTFCLOFMXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49,630,000,000.00
Year-over-Year Change
6909.89%
Date Range
1/1/2007 - 1/1/2016
Summary
This economic trend measures the outstanding deposits held by households at financial intermediaries in Mauritania, excluding commercial banks. It provides insight into the use of non-bank financial services 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 Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Mauritania tracks the total value of deposits held by Mauritanian households at financial institutions other than commercial banks. This metric offers economists and policymakers a window into the broader financial services landscape beyond the traditional banking sector.
Methodology
The data is collected by the Central Bank of Mauritania through surveys of financial institutions.
Historical Context
This trend is useful for analyzing financial inclusion and the development of the Mauritanian financial system.
Key Facts
- Mauritania is a lower-middle-income country in West Africa.
- Non-bank financial institutions play a significant role in Mauritania's financial landscape.
- Household deposits at non-bank intermediaries reflect broader financial access and usage.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by households in Mauritania at financial institutions other than commercial banks.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the broader financial services landscape in Mauritania beyond the traditional banking sector, offering valuable context for assessing financial inclusion and system development.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Mauritania through surveys of non-bank financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze financial inclusion and the development of Mauritania's financial system.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the Central Bank of Mauritania.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Mauritania (MRTFCLOFMXDC), retrieved from FRED.