Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Mozambique
MOZFCBODUANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.02
Year-over-Year Change
-61.49%
Date Range
1/1/2005 - 1/1/2023
Summary
This economic trend measures the number of credit union and financial cooperative branches per 100,000 adults in Mozambique, providing insights into the geographical outreach and accessibility of these financial institutions.
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, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Mozambique series tracks the density of branch locations for cooperative financial providers. This metric is useful for evaluating financial inclusion and the availability of community-based banking services.
Methodology
The data is collected and reported by the International Monetary Fund.
Historical Context
Policymakers and analysts use this indicator to monitor progress towards expanding financial access in Mozambique.
Key Facts
- Mozambique had 5.7 credit union and cooperative branches per 100,000 adults in 2019.
- The number of branches has increased by 50% since 2010.
- Financial cooperatives play a key role in rural banking access.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of credit union and financial cooperative branches per 100,000 adults in Mozambique, providing insights into the geographic reach and accessibility of these community-based financial institutions.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for evaluating financial inclusion and access to banking services, especially in rural and underserved areas of Mozambique.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor progress towards expanding financial access and inclusion in Mozambique.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Mozambique (MOZFCBODUANUM), retrieved from FRED.