Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 100,000 Adults for Fiji
FJIFCMOAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.21
Year-over-Year Change
118.39%
Date Range
1/1/2014 - 1/1/2022
Summary
This economic trend measures the number of active agent outlets per 100,000 adults in Fiji, a key indicator of the geographical outreach 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, Active Agent Outlets Per 100,000 Adults for Fiji' metric provides insights into the expansion and penetration of digital financial services in the country, which is crucial for financial inclusion and economic development.
Methodology
The data is collected and calculated by the World Bank using household surveys and regulatory reporting.
Historical Context
This trend is used by policymakers, researchers, and financial institutions to assess progress towards universal financial access and the adoption of mobile banking.
Key Facts
- Fiji's active agent outlets per 100,000 adults was 49.93 in 2020.
- The metric has increased by over 60% since 2014.
- Expanding agent networks is a key strategy for improving financial inclusion in Fiji.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of active agent outlets per 100,000 adults in Fiji, which indicates the geographical outreach and access to mobile banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing progress towards universal financial access and the adoption of mobile banking in Fiji, which are important for promoting financial inclusion and economic development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using household surveys and regulatory reporting.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and financial institutions use this trend to evaluate the expansion of digital financial services and inform policies and strategies for improving financial inclusion in Fiji.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting due to the time required for data collection and processing.
Related Trends
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Number of Listed Companies for Fiji
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Use of Financial Services Deposit Accounts: Household Accounts at Other Financial Intermediaries for Fiji
FJIFCAOFMHNUM
Use of Financial Services: Key Indicators, Outstanding Balances on Active Mobile Money Accounts for Fiji
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Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Fiji
FJIFCBMNUM
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FJIFCNODCHNUM
Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 100,000 Adults for Fiji (FJIFCMOAANUM), retrieved from FRED.