Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Malawi
MWIFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.40
Year-over-Year Change
-1.74%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic indicator measures the geographic coverage of commercial bank branches in Malawi, providing insights into financial access and inclusion across 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: Key Indicators Commercial Bank Branches Per 1000 Km2 for Malawi' series tracks the density of commercial bank branches relative to the country's land area. This metric helps assess the spatial distribution and accessibility of formal banking services for Malawian citizens and businesses.
Methodology
The data is collected and reported by the Reserve Bank of Malawi.
Historical Context
This indicator is relevant for policymakers, financial regulators, and economists analyzing financial inclusion and the development of Malawi's banking sector.
Key Facts
- Malawi has a land area of 118,484 sq km.
- The number of commercial bank branches per 1000 sq km in Malawi was 0.51 in 2020.
- Malawi's bank branch density is lower than the global average.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the density of commercial bank branches in Malawi relative to the country's total land area, providing insights into the geographic coverage and accessibility of formal banking services.
Q: Why is this trend relevant for users or analysts?
A: The bank branch density metric is important for evaluating financial inclusion and the development of Malawi's banking sector, which are key factors for economic growth and poverty alleviation.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Reserve Bank of Malawi.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this indicator to assess the spatial distribution of banking services and inform policies aimed at improving financial access and inclusion across Malawi.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the geographic coverage may not reflect the most recent changes in Malawi's banking sector.
Related Trends
Number of Identified Exporters to Malawi from Vermont
VTMWIA475SCEN
Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Malawi
MWIFCRODCANUM
Value of Exports to Malawi from Oklahoma
OKMWIA052SCEN
Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Malawi
MWIFCRODCHANUM
Net Reserves by Months of Imported Goods and Services for Malawi
MWIBRASSMIMH
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Malawi
MWIFCAKNUM
Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Malawi (MWIFCBODCKNUM), retrieved from FRED.