Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 100,000 Adults for Solomon Islands
SLBFCMOAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.87
Year-over-Year Change
-2.82%
Date Range
1/1/2013 - 1/1/2021
Summary
This economic trend measures the number of active agent outlets per 100,000 adults in Solomon Islands, a key indicator of financial service accessibility and mobile banking reach.
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, Active Agent Outlets Per 100,000 Adults' statistic provides insight into the physical distribution of financial service access points in Solomon Islands. It is an important metric for evaluating the inclusiveness and penetration of the country's mobile banking infrastructure.
Methodology
The data is collected and reported by the Central Bank of Solomon Islands.
Historical Context
This trend is closely watched by policymakers, development organizations, and financial services firms to assess financial inclusion progress.
Key Facts
- Solomon Islands has a population of over 670,000 people.
- Over 70% of the population lives in rural areas.
- Mobile phone penetration in the country exceeds 80%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of active agent outlets per 100,000 adults in Solomon Islands, providing insight into the physical distribution and accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating the inclusiveness and penetration of the country's mobile banking infrastructure, which is critical for improving financial access and economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Solomon Islands.
Q: How is this trend used in economic policy?
A: Policymakers, development organizations, and financial services firms closely monitor this trend to assess progress on financial inclusion and inform policies and strategies to expand access to banking and mobile money services.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and potential delays in reporting by the Central Bank of Solomon Islands.
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Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Solomon Islands
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 100,000 Adults for Solomon Islands (SLBFCMOAANUM), retrieved from FRED.