Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Lesotho
LSOFCMOANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,772.00
Year-over-Year Change
2718.32%
Date Range
1/1/2013 - 1/1/2023
Summary
This economic trend measures the active number of agent outlets for mobile banking in Lesotho. It provides insights into the 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, Mobile Banking: Active Number of Agent Outlets for Lesotho trend tracks the number of physical locations where mobile banking services are available to consumers. This metric is used to gauge the expansion and penetration of digital financial inclusion across Lesotho.
Methodology
The data is collected and reported by the central bank of Lesotho.
Historical Context
This trend is relevant for analyzing financial sector development and access to banking services in Lesotho.
Key Facts
- Lesotho has seen rapid growth in mobile banking agent outlets.
- Digital financial services are expanding access in rural areas.
- The number of active mobile banking agents has increased by over 50% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the active number of physical agent outlets providing mobile banking services in Lesotho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the expansion of digital financial inclusion and access to banking services across Lesotho.
Q: How is this data collected or calculated?
A: The data is collected and reported by the central bank of Lesotho.
Q: How is this trend used in economic policy?
A: Policymakers and institutions use this trend to evaluate financial sector development and progress towards broader access to banking services.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing timely insights into the mobile banking agent network in Lesotho.
Related Trends
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Goods and Services: Net for Lesotho
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Nominal Effective Exchange Rate as Based on Consumer Price Index for Lesotho
LSOENEERIX
Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Lesotho
LSOFCBODUANUM
Consumer Prices at End of Period for Lesotho
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Nominal Gross National Saving for Lesotho
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Citation
U.S. Federal Reserve, Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Lesotho (LSOFCMOANUM), retrieved from FRED.