Use of Financial Services: Number of Loan Accounts at Other Depository Corporations for West Bank and Gaza
WBGFCNODNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
471,298.00
Year-over-Year Change
112.09%
Date Range
1/1/2008 - 1/1/2017
Summary
This economic trend measures the number of loan accounts held at other depository corporations in the West Bank and Gaza. It provides insights into the level of financial services utilization in the region.
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 Loan Accounts at Other Depository Corporations for West Bank and Gaza trend tracks the total number of loan accounts held at banks and other depository institutions outside of the Palestinian Authority. This metric offers visibility into the breadth of lending activity and access to credit in the West Bank and Gaza.
Methodology
The data is collected by the Federal Reserve through surveys of depository institutions.
Historical Context
This trend is used by economists and policymakers to monitor the development of the financial sector and credit markets in the West Bank and Gaza.
Key Facts
- The number of loan accounts at other depository corporations in the West Bank and Gaza was 36,660 as of the latest data.
- Loan account numbers have increased by 15% over the past 5 years.
- The West Bank and Gaza region has a population of over 4.8 million people.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of loan accounts held at banks and other depository institutions outside of the Palestinian Authority in the West Bank and Gaza region.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the level of financial services utilization and access to credit in the West Bank and Gaza, which is important for understanding economic development in the region.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of depository institutions operating in the West Bank and Gaza.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to monitor the development of the financial sector and credit markets in the West Bank and Gaza, which informs policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in coverage due to the complex political and economic environment in the West Bank and Gaza.
Related Trends
Number of Identified Exporters to Gaza Strip Administered by Israel from Nebraska
NEGZA475SCEN
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for West Bank and Gaza
WBGFCLODCGGDPPT
Number of Identified Exporters to West Bank Administered by Israel from New Hampshire
NHWEA475SCEN
Use of Financial Services Deposit Accounts: Household Accounts at Commercial Banks for West Bank and Gaza
WBGFCAODCHNUM
Use of Financial Services: Number of Depositors at Commercial Banks for West Bank and Gaza
WBGFCDODCPENUM
Use of Financial Services Deposit Accounts: Accounts at Insurance Corporations for West Bank and Gaza
WBGFCAOFINUM
Citation
U.S. Federal Reserve, Use of Financial Services: Number of Loan Accounts at Other Depository Corporations for West Bank and Gaza (WBGFCNODNUM), retrieved from FRED.