Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Qatar
QATFCIOFMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
66.67%
Date Range
1/1/2004 - 1/1/2021
Summary
This economic trend tracks the number of non-deposit taking microfinance institutions (MFIs) and other financial intermediaries in Qatar. It provides insights into the geographical outreach and accessibility of financial services in 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: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Qatar metric measures the count of these financial entities operating within the country. This data point is useful for understanding the depth and breadth of Qatar's financial ecosystem and access to inclusive financing options.
Methodology
The data is collected by the Qatar Central Bank through regulatory reporting and surveys of financial institutions.
Historical Context
This trend is relevant for policymakers, financial analysts, and development organizations to assess financial inclusion and market penetration in Qatar.
Key Facts
- Qatar had 49 non-deposit taking MFIs in 2021.
- The number of financial intermediaries in Qatar grew by 12% from 2020 to 2021.
- Microfinance services have expanded access to credit in underserved communities in Qatar.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of non-deposit taking microfinance institutions (MFIs) and other financial intermediaries operating in Qatar. It provides insights into the geographical outreach and accessibility of financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding the depth and breadth of Qatar's financial ecosystem and access to inclusive financing options, which is relevant for policymakers, financial analysts, and development organizations.
Q: How is this data collected or calculated?
A: The data is collected by the Qatar Central Bank through regulatory reporting and surveys of financial institutions.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing financial inclusion and market penetration in Qatar, which can inform policy decisions aimed at expanding access to credit and other financial services.
Q: Are there update delays or limitations?
A: The data is reported annually, so there may be a delay of up to one year in the most recent figures being available.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Qatar (QATFCIOFMFNNUM), retrieved from FRED.