Geographical Outreach: Number of Institutions, Other Depository Corporations for West Bank and Gaza
WBGFCIODNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
-25.00%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of institutions classified as other depository corporations operating in the West Bank and Gaza region. It provides insight into the availability and diversity of financial services in this area.
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 Geographical Outreach: Number of Institutions, Other Depository Corporations for West Bank and Gaza data series tracks the total count of financial institutions, excluding central banks, that are considered other depository corporations within the defined geographic region. This metric is useful for analyzing financial inclusion and the development of the banking sector.
Methodology
The data is collected and reported by the U.S. Federal Reserve based on information from national statistical agencies.
Historical Context
This trend is relevant for policymakers, economists, and market analysts seeking to understand the state of financial infrastructure and access in the West Bank and Gaza.
Key Facts
- The number of other depository corporations in West Bank and Gaza has increased over the past decade.
- Financial inclusion remains a challenge in the region compared to other developing economies.
- Access to diverse banking services is an important factor for economic growth and stability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of financial institutions, excluding central banks, that are classified as other depository corporations operating in the West Bank and Gaza region.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the availability and diversity of financial services in the West Bank and Gaza, which is an important factor for economic development and financial inclusion in the region.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve based on information from national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this trend to assess the state of financial infrastructure and access in the West Bank and Gaza, which can inform decisions and policies related to economic development and financial inclusion in the region.
Q: Are there update delays or limitations?
A: There may be occasional delays in data reporting or limitations in geographic coverage, as the information is dependent on national statistical agencies.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations for West Bank and Gaza (WBGFCIODNUM), retrieved from FRED.