Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Philippines
PHLFCBMNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.00
Year-over-Year Change
484.21%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of branch locations, excluding headquarters, for financial intermediaries in the Philippines, providing insights into the geographical footprint and accessibility of these institutions.
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 Branches, Excluding Headquarters, for Other Financial Intermediaries for Philippines trend tracks the physical presence and distribution of non-bank financial institutions across the Philippines. This data is useful for analyzing the reach and accessibility of the financial sector within the country.
Methodology
The data is collected by the Philippine central bank through surveys of financial intermediaries.
Historical Context
This trend is relevant for policymakers, researchers, and financial analysts to understand the geographic distribution and growth of the financial services industry in the Philippines.
Key Facts
- The Philippines had over 6,700 financial intermediary branches in 2022.
- Branch numbers have grown by over 50% in the past decade.
- Financial intermediaries play a key role in financial inclusion in the Philippines.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branch locations, excluding headquarters, for financial intermediaries in the Philippines, providing insights into the geographical footprint and accessibility of these institutions.
Q: Why is this trend relevant for users or analysts?
A: This trend is useful for policymakers, researchers, and financial analysts to understand the geographic distribution and growth of the financial services industry in the Philippines, which is important for assessing financial inclusion and accessibility.
Q: How is this data collected or calculated?
A: The data is collected by the Philippine central bank through surveys of financial intermediaries.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers to monitor the expansion of financial services and ensure equitable access across the Philippines.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in branch locations.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Philippines (PHLFCBMNUM), retrieved from FRED.