Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Rwanda
RWAFCBODUANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.60
Year-over-Year Change
-31.73%
Date Range
1/1/2005 - 1/1/2023
Summary
This economic trend measures the number of credit union and financial cooperative branches per 100,000 adults in Rwanda, providing insights into the geographical outreach and accessibility of these financial services.
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, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Rwanda data series tracks the density of these branch locations relative to the adult population. This metric is useful for evaluating financial inclusion and the proliferation of community-based banking services.
Methodology
The data is collected and calculated by the International Monetary Fund.
Historical Context
This trend is relevant for policymakers and financial analysts examining financial sector development in Rwanda.
Key Facts
- Rwanda had 7.8 credit union and financial cooperative branches per 100,000 adults in 2021.
- This metric has increased by 2.3 branches per 100,000 adults since 2016.
- Access to community-based financial services is a key driver of financial inclusion in developing economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of credit union and financial cooperative branches per 100,000 adults in Rwanda, providing insights into the geographical outreach and accessibility of these financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for evaluating financial inclusion and the proliferation of community-based banking services in Rwanda, which is relevant for policymakers and financial analysts examining financial sector development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and financial analysts examining financial sector development in Rwanda, as it provides insights into the accessibility of community-based banking services.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological approaches of the International Monetary Fund.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Rwanda (RWAFCBODUANUM), retrieved from FRED.