Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for St. Kitts and Nevis

SKNFCBODUNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.00

Year-over-Year Change

100.00%

Date Range

1/1/2004 - 1/1/2020

Summary

This economic trend measures the number of branches, excluding headquarters, for credit unions and financial cooperatives in St. Kitts and Nevis. It provides insights into the geographical outreach and accessibility of these financial institutions.

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 Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for St. Kitts and Nevis trend tracks the branch network of these organizations, excluding their central headquarters. This data is useful for analyzing the financial inclusion and accessibility of credit union services across the country.

Methodology

The data is collected and reported by the central banking authority in St. Kitts and Nevis.

Historical Context

This trend is relevant for policymakers, researchers, and financial analysts studying the development of the credit union and cooperative finance sector in the country.

Key Facts

  • St. Kitts and Nevis has a population of around 53,000 people.
  • Credit unions and cooperatives play a significant role in the country's financial sector.
  • The number of branches can indicate the level of financial accessibility for consumers.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of branches, excluding headquarters, for credit unions and financial cooperatives in St. Kitts and Nevis. It provides insights into the geographical outreach and accessibility of these financial institutions.

Q: Why is this trend relevant for users or analysts?

A: This trend is relevant for policymakers, researchers, and financial analysts studying the development and accessibility of the credit union and cooperative finance sector in St. Kitts and Nevis.

Q: How is this data collected or calculated?

A: The data is collected and reported by the central banking authority in St. Kitts and Nevis.

Q: How is this trend used in economic policy?

A: This trend is used to analyze the financial inclusion and accessibility of credit union services across the country, which is relevant for policymakers and financial regulators.

Q: Are there update delays or limitations?

A: The data may be subject to update delays or limitations based on the reporting practices of the central banking authority in St. Kitts and Nevis.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for St. Kitts and Nevis (SKNFCBODUNUM), retrieved from FRED.