Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Rwanda
RWAFCIOFMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.00
Year-over-Year Change
2100.00%
Date Range
1/1/2007 - 1/1/2023
Summary
This economic trend tracks the number of other financial intermediaries and non-deposit taking microfinance institutions (MFIs) in Rwanda. It provides insights into the geographical reach 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 Rwanda series measures the count of these financial entities across the country. It is used by economists and policymakers to assess the financial inclusion and development in Rwanda.
Methodology
The data is collected and reported by the National Bank of Rwanda.
Historical Context
This trend is relevant for understanding financial market structure and access to credit in Rwanda.
Key Facts
- Rwanda had 522 non-deposit taking MFIs as of 2021.
- The number of other financial intermediaries in Rwanda was 36 in 2021.
- Financial inclusion is a key priority for the Rwandan government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of other financial intermediaries and non-deposit taking microfinance institutions (MFIs) operating in Rwanda.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographical reach and accessibility of financial services in Rwanda, which is important for understanding financial inclusion and economic development in the country.
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: This trend is used by economists and policymakers to assess the financial market structure and access to credit 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 some delays in reporting.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Rwanda (RWAFCIOFMFNNUM), retrieved from FRED.