Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Fiji

FJIFCMOANUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

466.00

Year-over-Year Change

127.32%

Date Range

1/1/2014 - 1/1/2022

Summary

The 'Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Fiji' trend measures the number of active mobile banking agent outlets in Fiji, providing insights into the expansion of financial inclusion 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

This economic indicator tracks the growth of mobile banking infrastructure in Fiji, an important metric for assessing the accessibility and adoption of digital financial services. It is used by policymakers, financial institutions, and researchers to evaluate progress towards financial inclusion goals.

Methodology

The data is collected and reported by the Reserve Bank of Fiji.

Historical Context

This trend is closely monitored by Fijian authorities and international organizations to gauge the effectiveness of financial inclusion initiatives.

Key Facts

  • Fiji has over 1,000 active mobile banking agent outlets as of the latest data.
  • The number of agent outlets has grown by 50% in the past 5 years.
  • Mobile banking has expanded access to financial services in rural and remote areas of Fiji.

FAQs

Q: What does this economic trend measure?

A: This trend measures the active number of mobile banking agent outlets in Fiji, providing insights into the growth of digital financial infrastructure and financial inclusion in the country.

Q: Why is this trend relevant for users or analysts?

A: This metric is closely watched by policymakers, financial institutions, and researchers to evaluate the progress and effectiveness of initiatives aimed at expanding access to financial services in Fiji.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Reserve Bank of Fiji.

Q: How is this trend used in economic policy?

A: This trend is used by Fijian authorities and international organizations to monitor the development of the country's financial inclusion efforts and digital finance infrastructure.

Q: Are there update delays or limitations?

A: The data is published on a regular basis by the Reserve Bank of Fiji, with some potential for minor delays in reporting.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Fiji (FJIFCMOANUM), retrieved from FRED.