Use of Financial Services Borrowers: Households Borrowing from Non-deposit Taking Microfinance Institutions (MFIs) for West Bank and Gaza
WBGFCRMFHPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51,589.00
Year-over-Year Change
153.52%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of households in the West Bank and Gaza that borrow from non-deposit taking microfinance institutions (MFIs). It provides insight into financial inclusion and access to credit 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 Borrowers: Households Borrowing from Non-deposit Taking Microfinance Institutions (MFIs) for West Bank and Gaza metric tracks the total number of households that utilize lending services from MFIs that do not take deposits. This helps economists and policymakers understand patterns of financial inclusion and access to credit in the West Bank and Gaza.
Methodology
The data is collected through surveys of microfinance institutions operating in the West Bank and Gaza.
Historical Context
This trend is used to inform policies and programs aimed at expanding financial access and inclusion in the region.
Key Facts
- Metric tracks household borrowing from non-deposit MFIs in West Bank and Gaza
- Provides insight into financial inclusion and access to credit in the region
- Data collected through surveys of microfinance institutions
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of households in the West Bank and Gaza that borrow from non-deposit taking microfinance institutions (MFIs).
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into financial inclusion and access to credit in the West Bank and Gaza, which is useful for economists, policymakers, and development organizations.
Q: How is this data collected or calculated?
A: The data is collected through surveys of microfinance institutions operating in the West Bank and Gaza.
Q: How is this trend used in economic policy?
A: This trend is used to inform policies and programs aimed at expanding financial access and inclusion in the West Bank and Gaza region.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and collection, and may not capture all microfinance activity in the region.
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Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Households Borrowing from Non-deposit Taking Microfinance Institutions (MFIs) for West Bank and Gaza (WBGFCRMFHPENUM), retrieved from FRED.