Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Romania
ROUFCIOFMNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
183.00
Year-over-Year Change
-23.11%
Date Range
1/1/2008 - 1/1/2017
Summary
This economic trend tracks the number of financial institutions, other financial corporations, and other financial intermediaries operating in Romania. It provides insight into the depth and diversification of the country's financial sector.
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 Corporations, Other Financial Intermediaries for Romania measures the total count of various types of financial entities present in the Romanian economy. This data point is used by economists and policymakers to assess the breadth and composition of Romania's financial system.
Methodology
The data is collected and reported by the National Bank of Romania.
Historical Context
This trend is relevant for analyzing the development and integration of Romania's financial markets.
Key Facts
- The number of financial institutions in Romania has steadily increased since 2010.
- Other financial corporations make up the largest share of financial entities in Romania.
- Romania's financial sector outreach has expanded alongside the country's economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of financial institutions, other financial corporations, and other financial intermediaries operating in Romania.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the depth and diversification of Romania's financial sector, which is important for assessing the country's economic development and financial market integration.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Bank of Romania.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the growth and composition of Romania's financial system, which can inform regulatory and development strategies.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis by the National Bank of Romania, but there may be some publication delays.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Romania (ROUFCIOFMNUM), retrieved from FRED.