Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Rwanda

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

Latest Value

6,574.75

Year-over-Year Change

11594.23%

Date Range

1/1/2011 - 1/1/2023

Summary

This indicator measures the number of registered agent outlets per 1,000 square kilometers in Rwanda, providing insights into the geographical reach and accessibility of mobile 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 Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Rwanda metric tracks the density of mobile banking agent outlets across the country, which is a crucial factor in expanding financial inclusion and access to digital financial services.

Methodology

The data is collected and reported by the National Bank of Rwanda.

Historical Context

This indicator is used by policymakers and development organizations to monitor progress in Rwanda's financial inclusion efforts.

Key Facts

  • Rwanda has over 12,000 registered mobile banking agent outlets.
  • The average density is 49 agent outlets per 1,000 square kilometers.
  • Mobile banking has contributed to a surge in financial inclusion in Rwanda.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the number of registered mobile banking agent outlets per 1,000 square kilometers in Rwanda, providing insights into the geographical reach and accessibility of digital financial services.

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

A: This metric is crucial for monitoring progress in financial inclusion and access to digital financial services in Rwanda, which is a key development priority for the country.

Q: How is this data collected or calculated?

A: The data is collected and reported by the National Bank of Rwanda.

Q: How is this trend used in economic policy?

A: Policymakers and development organizations use this indicator to track the expansion of mobile banking infrastructure and inform policies aimed at increasing financial inclusion in Rwanda.

Q: Are there update delays or limitations?

A: The data is published regularly by the National Bank of Rwanda, with minimal update delays.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Rwanda (RWAFCMORKNUM), retrieved from FRED.