Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for Mauritania
MRTFCSODUXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
452,000,000.00
Year-over-Year Change
-97.56%
Date Range
1/1/2013 - 1/1/2023
Summary
The 'Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for Mauritania' series measures the total value of outstanding loans held by credit unions and financial cooperatives in Mauritania. This metric provides insight into the level of financial inclusion and access to credit for individuals and businesses 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
This economic indicator tracks the total value of outstanding loans held by credit unions and financial cooperatives in Mauritania. It serves as a proxy for the overall access and utilization of formal financial services, particularly credit, within the country. Policymakers and analysts use this data to assess financial inclusion and the development of the cooperative banking sector.
Methodology
The data is collected and reported by the Central Bank of Mauritania.
Historical Context
Trends in outstanding credit union loans can inform policies aimed at expanding financial access and supporting small businesses and households in Mauritania.
Key Facts
- Mauritania has over 130 credit unions and financial cooperatives.
- Outstanding loans by these institutions totaled over $200 million in 2021.
- Credit unions serve over 10% of Mauritania's adult population.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of outstanding loans held by credit unions and financial cooperatives in Mauritania, providing insight into financial inclusion and access to formal credit.
Q: Why is this trend relevant for users or analysts?
A: Trends in outstanding credit union loans can inform policies aimed at expanding financial access and supporting small businesses and households in Mauritania.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Mauritania.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess financial inclusion and the development of the cooperative banking sector in Mauritania.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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MNMRTA475SCEN
Liquid Liabilities to GDP for Mauritania
DDDI05MRA156NWDB
Number of Identified Exporters to Mauritania from District of Columbia
DCMRTA475SCEN
Liquid Liabilities (Broad Money) for Mauritania
DDOI07MRA648NWDB
Total Government Debt for General Government for Mauritania
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for Mauritania (MRTFCSODUXDC), retrieved from FRED.