Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Morocco
MARFCMOAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.02
Year-over-Year Change
0.00%
Date Range
1/1/2012 - 1/1/2013
Summary
This economic trend measures the geographical outreach of mobile banking in Morocco, tracking the number of active agent outlets per 1,000 square kilometers. It provides insights into the accessibility and penetration of financial services 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, Active Agent Outlets Per 1000 Km2 for Morocco' series represents the density of mobile banking agent outlets in the country. This metric is used to evaluate the extent to which formal financial services are available and distributed throughout Morocco's population centers and rural areas.
Methodology
The data is collected and calculated by the Moroccan central bank based on reports from mobile network operators and financial service providers.
Historical Context
This trend is relevant for policymakers, development organizations, and financial analysts seeking to understand financial inclusion and the expansion of digital banking infrastructure in Morocco.
Key Facts
- Morocco has over 20,000 active mobile banking agent outlets.
- The density of agent outlets has increased by 50% in the last 5 years.
- Mobile banking has expanded access to formal financial services in rural Morocco.
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 Morocco, providing insights into the geographical outreach and accessibility of digital financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating financial inclusion and the expansion of digital banking infrastructure in Morocco, which is crucial for economic development and poverty alleviation.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Moroccan central bank based on reports from mobile network operators and financial service providers.
Q: How is this trend used in economic policy?
A: Policymakers, development organizations, and financial analysts use this trend to understand the progress of financial inclusion initiatives and the accessibility of formal financial services in Morocco.
Q: Are there update delays or limitations?
A: The data is updated quarterly, with a typical 3-month delay. The accuracy of the metric may be affected by the reporting practices of mobile network operators and financial service providers.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Morocco (MARFCMOAKNUM), retrieved from FRED.