Financial Sector indicators for Northern Mariana Islands

Financial Sector indicators for Northern Mariana Islands

  • Updated August 28, 2020 | Dataset date: Jan 1, 1960-Dec 31, 2018
    This dataset updates: Every month
    Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX. An economy's financial markets are critical to its overall development. Banking systems and stock markets enhance growth, the main factor in poverty reduction. Strong financial systems provide reliable and accessible information that lowers transaction costs, which in turn bolsters resource allocation and economic growth. Indicators here include the size and liquidity of stock markets; the accessibility, stability, and efficiency of financial systems; and international migration and workers\ remittances, which affect growth and social welfare in both sending and receiving countries.