Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Fiji
FJIFCMORKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.98
Year-over-Year Change
-76.06%
Date Range
1/1/2014 - 1/1/2022
Summary
This economic trend measures the geographical outreach of key financial services in Fiji, specifically the number of mobile banking and registered agent outlets per 1,000 square kilometers. It provides insights into financial inclusion and accessibility across 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 Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Fiji series tracks the physical infrastructure and accessibility of core financial services. It is an important metric for evaluating financial sector development and progress towards universal financial access.
Methodology
The data is collected through surveys and reports from financial institutions and regulatory authorities in Fiji.
Historical Context
This trend is used by policymakers, development organizations, and financial analysts to monitor financial inclusion and guide policies that promote equitable access to banking and digital financial services.
Key Facts
- Fiji's mobile banking outlets per 1,000 sq km was 4.4 in 2020.
- Registered agent outlets per 1,000 sq km in Fiji was 3.2 in 2020.
- Financial inclusion is a key development priority for the Fijian government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the geographical outreach of key financial services in Fiji, including the number of mobile banking and registered agent outlets per 1,000 square kilometers.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into financial inclusion and accessibility across Fiji, which is crucial for evaluating financial sector development and progress towards universal financial access.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from financial institutions and regulatory authorities in Fiji.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, development organizations, and financial analysts to monitor financial inclusion and guide policies that promote equitable access to banking and digital financial services.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays or limitations in coverage, as it relies on surveys and reporting from various financial institutions and authorities.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Fiji (FJIFCMORKNUM), retrieved from FRED.