Geographical Outreach: Number of Institutions, Other Financial Corporations for Montserrat
MSRFCIOFNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
-42.11%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of 'other financial corporations' institutions located in Montserrat, a Caribbean island. It provides insight into the financial services infrastructure and development in the territory.
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 Institutions, Other Financial Corporations for Montserrat' tracks the total count of financial entities like investment funds, brokerages, and insurance companies based in Montserrat. This data point is used by economists and policymakers to assess the size and maturity of Montserrat's financial sector.
Methodology
The data is collected through surveys and registrations of financial institutions operating in Montserrat.
Historical Context
This trend is relevant for understanding Montserrat's broader economic conditions and attractiveness as a financial services hub.
Key Facts
- Montserrat is a British Overseas Territory in the Caribbean.
- The financial services sector is a key part of Montserrat's economy.
- The number of financial institutions has fluctuated in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of 'other financial corporations' institutions, such as investment funds and insurance companies, that are located in Montserrat.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the development and maturity of Montserrat's financial services sector, which is an important part of the territory's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys and registrations of financial institutions operating in Montserrat.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Montserrat's attractiveness as a financial services hub and to inform broader economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays in reporting or potential gaps in coverage of all financial institutions in Montserrat.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations for Montserrat (MSRFCIOFNUM), retrieved from FRED.