Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Fiji
FJIFCMOAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.51
Year-over-Year Change
127.32%
Date Range
1/1/2014 - 1/1/2022
Summary
This economic trend measures the density of active agent outlets per 1,000 square kilometers in Fiji, which is a key indicator of 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 1000 Km2 for Fiji data series tracks the physical distribution and availability of mobile banking access points across Fiji's geographic landscape. This metric is used to assess financial inclusion and the penetration of digital financial services.
Methodology
The data is collected and reported by the Fiji Central Bank.
Historical Context
Policymakers and financial institutions use this data to evaluate progress in expanding affordable and accessible financial services throughout Fiji.
Key Facts
- Fiji's active agent outlet density was 6.4 per 1,000 km2 in 2020.
- Mobile banking has expanded access to financial services in remote areas of Fiji.
- The Fijian government aims to reach universal financial inclusion by 2030.
FAQs
Q: What does this economic trend measure?
A: This trend measures the density of active agent outlets per 1,000 square kilometers in Fiji, which indicates the geographic availability and penetration of mobile banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing financial inclusion and the expansion of affordable digital financial services across Fiji's population, especially in remote and underserved areas.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Fiji Central Bank.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this data to evaluate progress in expanding accessible financial services throughout Fiji, supporting the country's financial inclusion goals.
Q: Are there update delays or limitations?
A: The data is published with some delay, but provides a reliable indicator of the geographic distribution of mobile banking services in Fiji.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Fiji (FJIFCMOAKNUM), retrieved from FRED.