Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Fiji
FJIFCMARANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,413.39
Year-over-Year Change
819.31%
Date Range
1/1/2014 - 1/1/2022
Summary
This economic trend measures the number of registered mobile money accounts per 1,000 adults in Fiji. It provides insights into the level of financial inclusion and digital financial services adoption 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 Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Fiji tracks the prevalence of mobile money usage among the adult population. This metric is a crucial indicator of financial inclusion and the development of digital financial infrastructure.
Methodology
The data is collected by the International Monetary Fund through household surveys and reports from financial service providers.
Historical Context
This trend is used by policymakers, regulators, and development institutions to assess progress toward financial inclusion goals and inform policies that promote digital financial services.
Key Facts
- Fiji had 522 registered mobile money accounts per 1,000 adults in 2021.
- Mobile money usage in Fiji has grown rapidly, up from just 44 accounts per 1,000 adults in 2014.
- Financial inclusion is a key development priority for the Fijian government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of registered mobile money accounts per 1,000 adults in Fiji. It provides insights into the level of financial inclusion and digital financial services adoption in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is a crucial indicator of financial inclusion and the development of digital financial infrastructure, which are important for economic growth and poverty reduction.
Q: How is this data collected or calculated?
A: The data is collected by the International Monetary Fund through household surveys and reports from financial service providers.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, regulators, and development institutions to assess progress toward financial inclusion goals and inform policies that promote digital financial services.
Q: Are there update delays or limitations?
A: The data is updated annually, with a potential delay of up to two years.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Fiji (FJIFCMARANUM), retrieved from FRED.