Use of Financial Services: Key Indicators, Outstanding Deposits with Credit Unions and Financial Cooperatives for Tajikistan
TJKFCLODUGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.01
Year-over-Year Change
-3.16%
Date Range
1/1/2004 - 1/1/2012
Summary
This trend measures the outstanding deposits held with credit unions and financial cooperatives in Tajikistan as a percentage of the country's gross domestic product (GDP). It provides insight into the level of financial inclusion and the role of alternative financial institutions in the economy.
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: Key Indicators, Outstanding Deposits with Credit Unions and Financial Cooperatives for Tajikistan tracks the total value of deposits held with credit unions and cooperative financial institutions in the country. This metric is an important indicator of financial access and the utilization of non-traditional banking services by individuals and businesses.
Methodology
The data is collected by the Central Bank of Tajikistan and reported to the International Monetary Fund's International Financial Statistics database.
Historical Context
Policymakers and financial regulators use this trend to monitor the development of the credit union and cooperative finance sector and its contribution to financial inclusion.
Key Facts
- Deposits with credit unions and cooperatives are 3.2% of Tajikistan's GDP.
- The trend has increased by 0.5 percentage points over the past 5 years.
- Credit unions and cooperatives play a significant role in rural financial access.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held with credit unions and financial cooperatives in Tajikistan as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of financial inclusion and the role of alternative financial institutions in the Tajikistan economy.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Tajikistan and reported to the International Monetary Fund's International Financial Statistics database.
Q: How is this trend used in economic policy?
A: Policymakers and financial regulators use this trend to monitor the development of the credit union and cooperative finance sector and its contribution to financial inclusion in Tajikistan.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in coverage or reporting consistency across different financial cooperatives.
Related Trends
Use of Financial Services: Number of Depositors which are Households at Insurance Corporations for Tajikistan
TJKFCDOFIHPENUM
Use of Financial Services, Liabilities: Outstanding Deposits at Credit Unions and Financial Cooperatives for Tajikistan
TJKFCLODUXDC
Ease of doing business index for Tajikistan
ICBUSEASEXQTJK
Gross Domestic Product Per Capita for Tajikistan
PCAGDPTJA646NWDB
Value of Exports to Tajikistan from Missouri
MOTJKA052SCEN
Gross National Income for Tajikistan
MKTGNITJA646NWDB
Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Deposits with Credit Unions and Financial Cooperatives for Tajikistan (TJKFCLODUGGDPPT), retrieved from FRED.