Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Mozambique
MOZFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.48
Year-over-Year Change
-5.09%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic indicator tracks the number of commercial bank branches per 100,000 adults in Mozambique, providing insight into the geographical accessibility of banking services.
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 commercial bank branch density per 100,000 adults is a key metric for evaluating the physical presence and outreach of the formal banking sector in Mozambique. It helps assess financial inclusion and the ability of the population to access core banking services.
Methodology
The data is collected and reported by the World Bank based on national-level statistics.
Historical Context
This indicator is widely used by policymakers, development organizations, and financial analysts to gauge financial sector development and progress towards financial inclusion objectives.
Key Facts
- Mozambique had 5.7 commercial bank branches per 100,000 adults in 2020.
- Bank branch density has increased from 4.6 per 100,000 adults in 2010.
- Access to banking services remains limited in rural areas of Mozambique.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of commercial bank branches per 100,000 adults in Mozambique, providing insight into the geographical accessibility of banking services.
Q: Why is this trend relevant for users or analysts?
A: The commercial bank branch density metric is important for evaluating financial inclusion and the ability of the population to access core banking services in Mozambique.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on national-level statistics.
Q: How is this trend used in economic policy?
A: This indicator is widely used by policymakers, development organizations, and financial analysts to gauge financial sector development and progress towards financial inclusion objectives in Mozambique.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and may not fully capture the dynamics of financial access in remote or underserved areas.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Mozambique (MOZFCBODCANUM), retrieved from FRED.