Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Bangladesh
BGDFCMORKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,248.18
Year-over-Year Change
30400.80%
Date Range
1/1/2011 - 1/1/2023
Summary
This indicator measures the geographical outreach of mobile banking and registered agent outlets per 1,000 square kilometers in Bangladesh. It provides insights into the accessibility and penetration of digital 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: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Bangladesh metric tracks the density of mobile banking and agent banking infrastructure across the country. It is a key indicator of financial inclusion and the expansion of digital financial services.
Methodology
The data is collected and calculated by the Bangladesh Bank, the central bank of Bangladesh.
Historical Context
This metric is used by policymakers and financial regulators to monitor the progress of financial inclusion initiatives and identify areas for further infrastructure development.
Key Facts
- Bangladesh has a total land area of 147,570 square kilometers.
- The number of registered agent outlets per 1,000 square kilometers was 6.31 in 2020.
- Mobile banking has contributed to increased financial inclusion in Bangladesh.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the density of mobile banking and registered agent outlets per 1,000 square kilometers in Bangladesh, providing insights into the accessibility and penetration of digital financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for policymakers, financial regulators, and analysts interested in monitoring the progress of financial inclusion initiatives and identifying areas for further infrastructure development in Bangladesh.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bangladesh Bank, the central bank of Bangladesh.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and financial regulators to monitor the progress of financial inclusion initiatives and identify areas for further infrastructure development in Bangladesh.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bangladesh Bank, but there may be occasional delays or limitations in data collection and reporting.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Bangladesh (BGDFCMORKNUM), retrieved from FRED.