Use of Financial Services: Key Indicators Mobile Money Transactions (during the Reference Year) Per 1000 Adults for Fiji
FJIFCMTANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51,153.37
Year-over-Year Change
12301.49%
Date Range
1/1/2011 - 1/1/2022
Summary
This trend measures the number of mobile money transactions per 1,000 adults in Fiji during a given reference year. It provides insights into the adoption and usage of digital financial services 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 Mobile Money Transactions (during the Reference Year) Per 1,000 Adults for Fiji series tracks the volume of mobile money transactions in the country, a key indicator of financial inclusion and the penetration of digital financial services.
Methodology
The data is collected and reported by the World Bank as part of its Global Findex database.
Historical Context
This metric is used by policymakers, regulators, and analysts to monitor the development of the digital finance ecosystem and financial inclusion in Fiji.
Key Facts
- Fiji had 1,077 mobile money transactions per 1,000 adults in 2021.
- Mobile money usage in Fiji has grown rapidly in recent years.
- Digital financial services are crucial for improving financial inclusion in Fiji.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of mobile money transactions per 1,000 adults in Fiji during a given reference year, providing insights into the adoption and usage of digital financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for policymakers, regulators, and analysts to monitor the development of the digital finance ecosystem and financial inclusion in Fiji.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Global Findex database.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and regulators to assess the progress of financial inclusion and the development of the digital finance ecosystem in Fiji.
Q: Are there update delays or limitations?
A: The data is published by the World Bank with a lag, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators Mobile Money Transactions (during the Reference Year) Per 1,000 Adults for Fiji (FJIFCMTANUM), retrieved from FRED.