Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Syrian Arab Republic
SYRFCDODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
212.06
Year-over-Year Change
8.50%
Date Range
1/1/2008 - 1/1/2013
Summary
The 'Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Syrian Arab Republic' trend measures the number of depositors with commercial banks per 1,000 adults in Syria. This metric provides insight into financial inclusion and access to formal banking services within 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
This indicator represents the level of financial inclusion in Syria by tracking the number of adult depositors per capita with commercial banks. It is used by policymakers, economists, and development organizations to assess progress towards increasing access to basic financial services for the population.
Methodology
The data is collected by the World Bank through surveys of financial institutions and population figures.
Historical Context
This metric helps inform policies and programs aimed at expanding banking access and usage in emerging markets like Syria.
Key Facts
- Syria had 176 depositors per 1,000 adults in 2017.
- The number of depositors has increased by over 30% since 2004.
- Women make up around 40% of commercial bank account holders in Syria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of adults per 1,000 population who have a deposit account with a commercial bank in Syria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into financial inclusion and access to formal banking services within the Syrian economy, which is important for understanding economic development and household financial health.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through surveys of financial institutions and population figures.
Q: How is this trend used in economic policy?
A: This indicator helps inform policies and programs aimed at expanding banking access and usage in emerging markets like Syria.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be lags or gaps in reporting from some countries.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Syrian Arab Republic (SYRFCDODCANUM), retrieved from FRED.