Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Zimbabwe
ZWEFCIOFMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
245.00
Year-over-Year Change
67.81%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of institutions, other financial intermediaries, and non-deposit taking microfinance institutions (MFIs) in Zimbabwe. It provides insights into the geographic outreach and accessibility of financial services in the country.
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 Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Zimbabwe trend tracks the total number of these financial entities operating within the country. This data is useful for analyzing the breadth of the financial system and identifying areas that may be underserved.
Methodology
The data is collected through surveys and reports from financial regulatory authorities in Zimbabwe.
Historical Context
Policymakers and financial analysts use this trend to assess the depth and penetration of the financial sector in Zimbabwe.
Key Facts
- Zimbabwe had 183 non-deposit taking MFIs as of 2020.
- The number of other financial intermediaries in Zimbabwe grew by 8% between 2018 and 2019.
- Geographical outreach of financial services is a key indicator of financial inclusion in Zimbabwe.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of institutions, other financial intermediaries, and non-deposit taking microfinance institutions (MFIs) operating in Zimbabwe.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographic coverage and accessibility of financial services in Zimbabwe, which is important for assessing financial inclusion and the development of the financial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from financial regulatory authorities in Zimbabwe.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this trend to evaluate the depth and penetration of the financial system in Zimbabwe and identify areas that may be underserved.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and can be affected by changes in regulatory reporting requirements or financial institution structures.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Zimbabwe (ZWEFCIOFMFNNUM), retrieved from FRED.