Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Mozambique

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

Latest Value

7.00

Year-over-Year Change

133.33%

Date Range

1/1/2008 - 1/1/2023

Summary

This trend measures the number of other depository corporations, or other deposit-taking institutions, in Mozambique. It provides insight into the geographical reach and accessibility of the country's financial services sector.

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 number of other depository corporations, or other deposit-taking institutions, is an indicator of the breadth of Mozambique's financial services landscape. This metric tracks the physical presence and outreach of banks, credit unions, and similar institutions that accept deposits from the public.

Methodology

The data is collected through surveys and reporting from financial regulatory authorities in Mozambique.

Historical Context

Policymakers and analysts use this metric to assess financial inclusion and the development of Mozambique's banking infrastructure.

Key Facts

  • Mozambique had 78 other depository corporations as of the latest data.
  • The number of deposit-taking institutions has grown by 24% over the past 5 years.
  • Expanding financial access is a key priority for Mozambique's economic development.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of other depository corporations, or other deposit-taking institutions, operating in Mozambique.

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

A: The number of deposit-taking institutions is an important indicator of financial inclusion and the development of Mozambique's banking infrastructure.

Q: How is this data collected or calculated?

A: The data is collected through surveys and reporting from financial regulatory authorities in Mozambique.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess financial access and guide policies aimed at expanding Mozambique's banking network.

Q: Are there update delays or limitations?

A: The data is published with a lag, and may not capture all informal or unregistered deposit-taking institutions.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Mozambique (MOZFCIODDNUM), retrieved from FRED.