Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Guinea

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

Latest Value

422.65

Year-over-Year Change

4419.28%

Date Range

1/1/2015 - 1/1/2023

Summary

This trend measures the number of active mobile banking agent outlets per 1,000 square kilometers in Guinea. It provides insight into the geographical reach and accessibility of 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 Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Guinea metric tracks the density of mobile banking agent locations across the country. This helps assess financial inclusion and the ability of underserved populations to access digital financial services.

Methodology

The data is collected and reported by the Central Bank of Guinea.

Historical Context

This metric is used by policymakers and development organizations to evaluate progress in expanding financial access in Guinea.

Key Facts

  • Guinea covers an area of 245,857 square kilometers.
  • Over 60% of the population in Guinea lives in rural areas.
  • Mobile money accounts for over 20% of all financial transactions in Guinea.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of active mobile banking agent outlets per 1,000 square kilometers in Guinea, providing insight into the geographical reach and accessibility of financial services.

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

A: This metric is important for evaluating progress in expanding financial inclusion and access to digital financial services, particularly in underserved rural areas of Guinea.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Central Bank of Guinea.

Q: How is this trend used in economic policy?

A: Policymakers and development organizations use this metric to assess and inform strategies for improving financial access and inclusion in Guinea.

Q: Are there update delays or limitations?

A: The data is published regularly by the Central Bank of Guinea, but there may be some delays in reporting.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Guinea (GINFCMOAKNUM), retrieved from FRED.