Use of Financial Services: Number of Depositors which are Households at Credit Unions and Financial Cooperatives for Tajikistan
TJKFCDODUHPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-97.76%
Date Range
1/1/2004 - 1/1/2012
Summary
This economic trend measures the number of household depositors at credit unions and financial cooperatives in Tajikistan. It provides insight into the level of financial inclusion and access to formal banking 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 'Use of Financial Services: Number of Depositors which are Households at Credit Unions and Financial Cooperatives for Tajikistan' metric tracks the number of individual household clients who hold deposits at credit unions and cooperative financial institutions in Tajikistan. This data point is used to gauge financial access and inclusion in the country.
Methodology
The data is collected through surveys and reporting from financial institutions in Tajikistan.
Historical Context
Policymakers and economists utilize this metric to evaluate financial sector development and progress towards greater financial inclusion.
Key Facts
- Tajikistan is a low-income country in Central Asia.
- Financial inclusion remains a challenge, with over 70% of the population unbanked.
- Credit unions and cooperatives play a key role in expanding access to financial services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of household depositors at credit unions and financial cooperatives in Tajikistan, providing insight into financial inclusion and access to formal banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for policymakers and economists seeking to evaluate financial sector development and progress towards greater financial inclusion in Tajikistan.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from financial institutions in Tajikistan.
Q: How is this trend used in economic policy?
A: Policymakers and economists utilize this metric to assess financial sector development and progress towards greater financial inclusion in Tajikistan.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and collection, and may not capture the full extent of financial services usage in the informal sector.
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Citation
U.S. Federal Reserve, Use of Financial Services: Number of Depositors which are Households at Credit Unions and Financial Cooperatives for Tajikistan (TJKFCDODUHPENUM), retrieved from FRED.