Geographical Outreach: Number of Institutions, Other Financial Corporations for Romania
ROUFCIOFNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
214.00
Year-over-Year Change
-24.11%
Date Range
1/1/2008 - 1/1/2017
Summary
The 'Geographical Outreach: Number of Institutions, Other Financial Corporations for Romania' trend measures the total number of non-bank financial institutions operating in Romania. This metric is important for understanding the depth and diversity of the country's financial system.
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
This series tracks the total number of 'other financial corporations' in Romania, which includes institutions like leasing companies, factoring firms, and consumer credit providers. It offers insight into the financial services landscape and access to alternative sources of capital beyond traditional banks.
Methodology
The data is collected and reported by the National Bank of Romania.
Historical Context
Policymakers and analysts use this metric to assess the development and inclusiveness of Romania's financial sector.
Key Facts
- Romania had 5,862 other financial corporations as of the latest data.
- The number of institutions has grown by over 50% since 2010.
- Leasing companies make up the largest share of other financial corporations in Romania.
FAQs
Q: What does this economic trend measure?
A: The 'Geographical Outreach: Number of Institutions, Other Financial Corporations for Romania' trend measures the total number of non-bank financial institutions operating in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insight into the depth and diversity of Romania's financial system beyond traditional banks, which is important for understanding access to capital and financial inclusion.
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 metric to assess the development and inclusiveness of Romania's financial sector.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the National Bank of Romania with minimal delays.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations for Romania (ROUFCIOFNUM), retrieved from FRED.