Use of Financial Services: Key Indicators, Outstanding Loans from All Microfinance Institutions (MFIs) for Tajikistan
TJKFCSODMFGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.39
Year-over-Year Change
363.33%
Date Range
1/1/2006 - 1/1/2013
Summary
The 'Use of Financial Services: Key Indicators, Outstanding Loans from All Microfinance Institutions (MFIs) for Tajikistan' metric tracks the total outstanding loans provided by microfinance institutions in Tajikistan as a percentage of the country's GDP. This is an important indicator of financial inclusion and access to credit for underserved populations.
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 economic series represents the total value of outstanding loans from microfinance institutions in Tajikistan, shown as a percentage of the country's gross domestic product. It provides insight into the scale and reach of the microfinance sector and its role in broadening financial access.
Methodology
The data is collected and calculated by the World Bank from reports submitted by microfinance institutions operating in Tajikistan.
Historical Context
Policymakers and development economists use this metric to assess progress in financial inclusion and the development of the microfinance industry.
Key Facts
- Tajikistan's microfinance sector has grown rapidly since the early 2000s.
- Outstanding MFI loans reached 16.4% of GDP in Tajikistan as of the latest data.
- Microfinance is a key tool for expanding financial inclusion in developing economies.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of outstanding loans from microfinance institutions in Tajikistan as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and reach of Tajikistan's microfinance sector, which is a key driver of financial inclusion and access to credit for underserved populations.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from reports submitted by microfinance institutions operating in Tajikistan.
Q: How is this trend used in economic policy?
A: Policymakers and development economists use this indicator to assess progress in financial inclusion and the development of the microfinance industry in Tajikistan.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and updates from microfinance institutions, resulting in occasional delays in the publication of this series.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Loans from All Microfinance Institutions (MFIs) for Tajikistan (TJKFCSODMFGGDPPT), retrieved from FRED.