Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Papua New Guinea
PNGFCBODMFKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.08
Year-over-Year Change
71.43%
Date Range
1/1/2009 - 1/1/2013
Summary
This economic trend measures the geographic density of microfinance institution (MFI) branches per 1,000 square kilometers in Papua New Guinea. It provides insights into the physical accessibility of financial services in remote regions.
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, All MFI Branches Per 1000 Km2 for Papua New Guinea metric tracks the spatial distribution of MFI branch networks, which is a key factor in financial inclusion and economic development. Policymakers use this data to identify underserved areas and guide strategies for expanding financial access.
Methodology
The data is collected and calculated by the central bank of Papua New Guinea.
Historical Context
This indicator is used to monitor progress towards financial inclusion goals and guide policy decisions.
Key Facts
- Papua New Guinea has a land area of 462,840 square kilometers.
- There were 1.3 MFI branches per 1,000 square kilometers as of the latest data.
- Financial inclusion is a key development priority for the government of Papua New Guinea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the geographic density of microfinance institution (MFI) branches per 1,000 square kilometers in Papua New Guinea. It provides insights into the physical accessibility of financial services in remote regions.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for policymakers and development economists to monitor progress towards financial inclusion goals and guide strategies for expanding access to financial services in underserved areas.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the central bank of Papua New Guinea.
Q: How is this trend used in economic policy?
A: This indicator is used to monitor progress towards financial inclusion goals and guide policy decisions to improve the spatial distribution of microfinance branches and expand access to financial services.
Q: Are there update delays or limitations?
A: The data is subject to the collection and reporting schedules of the central bank of Papua New Guinea, which may result in periodic update delays.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Papua New Guinea (PNGFCBODMFKNUM), retrieved from FRED.