Use of Financial Services: Key Indicators Mobile Money Transactions (during the Reference Year) Per 1000 Adults for Qatar
QATFCMTANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,088.48
Year-over-Year Change
1453726.34%
Date Range
1/1/2011 - 1/1/2021
Summary
This economic trend measures the number of mobile money transactions per 1,000 adults in Qatar during a given reference year. It provides insights into the adoption and usage of digital financial services in 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 Use of Financial Services: Key Indicators Mobile Money Transactions (during the Reference Year) Per 1000 Adults for Qatar metric tracks the penetration and utilization of mobile money platforms by the adult population. This data point is used by economists and policymakers to assess the progress of financial inclusion and the shift towards digital financial solutions in Qatar.
Methodology
The data is collected and calculated by the World Bank as part of its Global Findex database.
Historical Context
This trend is relevant for understanding the state of financial technology adoption and the digitalization of financial services in Qatar.
Key Facts
- Qatar's mobile money transactions per 1,000 adults were XX in the reference year.
- The trend has shown a YY% increase/decrease over the past Z years.
- Mobile money usage in Qatar is higher/lower than the regional/global average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of mobile money transactions per 1,000 adults in Qatar during a given reference year, providing insights into the adoption and usage of digital financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the state of financial technology adoption and the digitalization of financial services in Qatar, which is crucial for assessing financial inclusion and the progress of digital transformation in the country.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its Global Findex database.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the progress of financial inclusion and the shift towards digital financial solutions in Qatar, which informs policy decisions and strategies aimed at promoting financial technology and digital transformation.
Q: Are there update delays or limitations?
A: The data is published by the World Bank on a periodic basis, and there may be delays in the availability of the most recent figures. Additionally, the data may have limitations in terms of coverage or methodological changes over time.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators Mobile Money Transactions (during the Reference Year) Per 1000 Adults for Qatar (QATFCMTANUM), retrieved from FRED.