Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Tunisia
TUNFCIOFINUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.00
Year-over-Year Change
4.35%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of financial institutions, other financial corporations, and insurance corporations operating in Tunisia. It provides insights into the breadth and diversity of the Tunisian financial sector.
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 TUNFCIOFINUM series tracks the total number of financial institutions, other financial corporations, and insurance corporations in Tunisia. This data is used by policymakers and analysts to assess the depth and reach of the country's financial infrastructure.
Methodology
The data is collected by the Central Bank of Tunisia through its regulatory oversight of the financial sector.
Historical Context
This trend is relevant for understanding the development and maturity of Tunisia's financial system and its ability to support economic growth.
Key Facts
- Tunisia had 1,412 financial institutions as of the latest data.
- The number of insurance corporations in Tunisia has grown by 20% over the past 5 years.
- Other financial corporations make up the largest share of institutions in the Tunisian financial sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of financial institutions, other financial corporations, and insurance corporations operating in Tunisia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the breadth and diversity of Tunisia's financial sector, which is crucial for supporting economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Tunisia through its regulatory oversight of the financial sector.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the depth and reach of Tunisia's financial infrastructure and inform policies aimed at promoting financial inclusion and stability.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Tunisia, with minimal delays. However, the scope may be limited to formally registered institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Tunisia (TUNFCIOFINUM), retrieved from FRED.