Use of Financial Services: Number of Depositors at Other Financial Intermediaries for Rwanda
RWAFCDOFMPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2011 - 1/1/2017
Summary
This economic trend measures the number of depositors at other financial intermediaries in Rwanda, providing insights into the usage 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 number of depositors at other financial intermediaries, such as microfinance institutions and savings and credit cooperatives, is an important indicator of financial inclusion and the development of the financial sector in Rwanda.
Methodology
The data is collected and reported by the National Bank of Rwanda.
Historical Context
This trend is used by policymakers and analysts to monitor progress towards financial inclusion and assess the effectiveness of financial sector development initiatives.
Key Facts
- Rwanda has made significant progress in financial inclusion in recent years.
- The number of depositors at other financial intermediaries has steadily increased.
- Microfinance institutions play a crucial role in providing financial services to underserved populations in Rwanda.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of depositors at other financial intermediaries in Rwanda, which includes microfinance institutions and savings and credit cooperatives.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the level of financial inclusion and the development of the financial sector in Rwanda, which is crucial for economic growth and poverty alleviation.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Bank of Rwanda.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor progress towards financial inclusion and assess the effectiveness of financial sector development initiatives in Rwanda.
Q: Are there update delays or limitations?
A: The data is published regularly by the National Bank of Rwanda, but there may be occasional delays in reporting.
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Citation
U.S. Federal Reserve, Use of Financial Services: Number of Depositors at Other Financial Intermediaries for Rwanda (RWAFCDOFMPENUM), retrieved from FRED.