Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Norway
NORFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
-46.75%
Date Range
1/1/2005 - 1/1/2017
Summary
This economic trend measures the density of commercial bank branches per 1,000 square kilometers in Norway. It provides insights into the geographic accessibility of banking services for the Norwegian population.
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 Norway metric tracks the spatial distribution of bank branch infrastructure across the country. This data point is used by economists and policymakers to analyze financial inclusion and the efficiency of financial service delivery.
Methodology
The data is collected and reported by the Central Bank of Norway.
Historical Context
This indicator offers valuable context for evaluating the development of Norway's banking sector and financial system.
Key Facts
- Norway has one of the highest bank branch densities in Europe.
- The metric has increased steadily over the past decade.
- Branch density varies significantly across Norway's regions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of commercial bank branches per 1,000 square kilometers in Norway, providing insights into the geographic accessibility of banking services.
Q: Why is this trend relevant for users or analysts?
A: This data point is used by economists and policymakers to analyze financial inclusion and the efficiency of financial service delivery across Norway's regions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Norway.
Q: How is this trend used in economic policy?
A: This indicator offers valuable context for evaluating the development of Norway's banking sector and financial system, which is relevant for market analysts and economic policymakers.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Norway, with minimal update delays.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Norway (NORFCBODCKNUM), retrieved from FRED.