Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 100,000 Adults for Congo
CODFCMORANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
177.08
Year-over-Year Change
3331.02%
Date Range
1/1/2012 - 1/1/2014
Summary
This indicator tracks the number of registered agent outlets per 100,000 adults in the Democratic Republic of the Congo, a key measure of mobile banking and financial inclusion.
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 Congo series provides insights into the expansion of financial services access across the country. It is used by policymakers and development economists to assess progress in expanding mobile banking infrastructure and promoting financial inclusion.
Methodology
The data is collected and reported by the Central Bank of the Congo.
Historical Context
This metric informs policies aimed at increasing digital financial services and banking penetration in underserved regions.
Key Facts
- The indicator reached a high of 10.71 in 2020.
- Financial inclusion remains low, with only 27% of adults having a bank account.
- Expanding mobile banking is a key priority for the Congolese government.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of registered agent outlets per 100,000 adults in the Democratic Republic of the Congo, a key measure of mobile banking and financial inclusion.
Q: Why is this trend relevant for users or analysts?
A: This metric informs policies aimed at increasing digital financial services and banking penetration in underserved regions, which is crucial for promoting economic development and financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of the Congo.
Q: How is this trend used in economic policy?
A: Policymakers and development economists use this indicator to assess progress in expanding mobile banking infrastructure and promoting financial inclusion across the Democratic Republic of the Congo.
Q: Are there update delays or limitations?
A: The data is reported annually, and there may be delays in publication due to collection and reporting processes.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 100,000 Adults for Congo (CODFCMORANUM), retrieved from FRED.