Use of Financial Services Borrowers: Persons Borrowing from Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic
SYRFCRODMFPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,755.00
Year-over-Year Change
N/A%
Date Range
1/1/2004 - 1/1/2013
Summary
This trend measures the number of individuals borrowing from deposit-taking microfinance institutions (MFIs) in the Syrian Arab Republic. It provides insights into financial inclusion and access to credit 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 'Use of Financial Services Borrowers: Persons Borrowing from Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic' metric tracks the number of borrowers accessing microfinance services. This data point is used by economists and policymakers to assess the development of the financial sector and progress toward financial inclusion.
Methodology
The data is collected through surveys and reports from deposit-taking MFIs operating in the Syrian Arab Republic.
Historical Context
This trend is relevant for understanding the role of microfinance in providing credit access to underserved populations in the Syrian economy.
Key Facts
- Syria has a population of over 17 million people.
- Microfinance institutions serve as a vital source of credit in the country.
- Access to financial services remains limited in many parts of Syria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals borrowing from deposit-taking microfinance institutions (MFIs) in the Syrian Arab Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into financial inclusion and access to credit in Syria, which is crucial for understanding the development of the country's financial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from deposit-taking MFIs operating in the Syrian Arab Republic.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and economists seeking to assess the role of microfinance in providing credit access to underserved populations in the Syrian economy.
Q: Are there update delays or limitations?
A: The data may be subject to delays or limitations due to the challenging economic and political environment in Syria.
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Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Persons Borrowing from Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic (SYRFCRODMFPENUM), retrieved from FRED.