Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Bangladesh
BGDFCMOAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,956.14
Year-over-Year Change
30292.43%
Date Range
1/1/2011 - 1/1/2023
Summary
This trend measures the number of active agent outlets per 1,000 square kilometers in Bangladesh, providing insights into the geographic outreach of mobile banking services.
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: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Bangladesh metric tracks the density of mobile banking access points across the country. It is an important indicator of financial inclusion and the ability of underserved populations to utilize digital financial services.
Methodology
The data is collected and reported by the Bangladesh Bank, the country's central banking authority.
Historical Context
This metric is used by policymakers, financial regulators, and development organizations to assess progress in expanding financial access.
Key Facts
- Bangladesh has over 600,000 active mobile banking agent outlets.
- The agent outlet density is around 40 per 1,000 square kilometers.
- Mobile banking has enabled millions of Bangladeshis to access financial services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of active mobile banking agent outlets per 1,000 square kilometers in Bangladesh, providing insights into the geographic reach of digital financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing financial inclusion and the ability of underserved populations to access digital financial services, which is a key driver of economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bangladesh Bank, the country's central banking authority.
Q: How is this trend used in economic policy?
A: Policymakers, financial regulators, and development organizations use this metric to evaluate progress in expanding financial access and promoting financial inclusion in Bangladesh.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bangladesh Bank, with minimal update delays. However, the metric may not capture all informal or unregistered agent outlets.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Bangladesh (BGDFCMOAKNUM), retrieved from FRED.