Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 100,000 Adults for Bangladesh
BGDFCMORANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,338.89
Year-over-Year Change
23796.04%
Date Range
1/1/2011 - 1/1/2023
Summary
This indicator tracks the number of registered agent outlets per 100,000 adults in Bangladesh, a key measure of financial inclusion and access to 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, Registered Agent Outlets Per 100,000 Adults for Bangladesh metric provides insights into the accessibility and penetration of mobile financial services across the country. It is used by policymakers and analysts to evaluate progress towards financial inclusion goals.
Methodology
The data is collected by the Bangladesh Bank through surveys of mobile financial service providers.
Historical Context
This indicator is relevant for monitoring the expansion of digital financial services and assessing the impact of regulatory and development initiatives.
Key Facts
- Bangladesh has over 9 million registered mobile money accounts.
- The number of registered agent outlets per 100,000 adults in Bangladesh has tripled since 2015.
- Mobile money transactions in Bangladesh totaled over $50 billion in 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of registered agent outlets per 100,000 adults in Bangladesh, which is a key measure of financial inclusion and access to mobile banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the accessibility and penetration of mobile financial services across Bangladesh, which is crucial for evaluating progress towards financial inclusion goals.
Q: How is this data collected or calculated?
A: The data is collected by the Bangladesh Bank through surveys of mobile financial service providers.
Q: How is this trend used in economic policy?
A: This indicator is relevant for monitoring the expansion of digital financial services and assessing the impact of regulatory and development initiatives aimed at promoting financial inclusion in Bangladesh.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Bangladesh Bank, but there may be some delay in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 100,000 Adults for Bangladesh (BGDFCMORANUM), retrieved from FRED.