Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Malawi
MWIFCIOFMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.00
Year-over-Year Change
277.78%
Date Range
1/1/2011 - 1/1/2022
Summary
This trend measures the number of non-deposit taking microfinance institutions (MFIs) and other financial intermediaries in Malawi. It provides insights into the breadth of financial services access and inclusion in the Malawian economy.
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 Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Malawi metric tracks the total number of non-deposit taking MFIs and other financial intermediaries operating in the country. This data point is used to assess the depth and reach of Malawi's financial services sector.
Methodology
The data is collected through surveys and reports from Malawi's central bank and financial regulatory authorities.
Historical Context
Policymakers and development organizations use this metric to evaluate financial inclusion and identify underserved regions.
Key Facts
- Malawi has over 200 non-deposit taking MFIs.
- MFIs account for 30% of Malawi's financial services sector.
- Financial inclusion is a key development priority in Malawi.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-deposit taking microfinance institutions (MFIs) and other financial intermediaries operating in Malawi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the breadth and accessibility of financial services in Malawi, which is crucial for evaluating financial inclusion and economic development.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from Malawi's central bank and financial regulatory authorities.
Q: How is this trend used in economic policy?
A: Policymakers and development organizations use this metric to assess financial inclusion and identify underserved regions in Malawi.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all informal or unregistered financial intermediaries.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Malawi (MWIFCIOFMFNNUM), retrieved from FRED.