Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Swaziland
SWZFCMARANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,411.02
Year-over-Year Change
1982.09%
Date Range
1/1/2011 - 1/1/2023
Summary
This economic trend measures the number of registered mobile money accounts per 1,000 adults in Swaziland. 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 Registered Mobile Money Accounts Per 1000 Adults for Swaziland' metric tracks the level of financial inclusion and the uptake of mobile-based financial services in Swaziland. It is an important indicator for understanding the development of the digital finance ecosystem.
Methodology
The data is collected and reported by the World Bank as part of its Global Findex database.
Historical Context
This metric is used by policymakers, development organizations, and financial institutions to assess financial inclusion progress and inform policies that promote digital financial services.
Key Facts
- Swaziland had 440 registered mobile money accounts per 1,000 adults in 2017.
- Mobile money has become a crucial financial service in Swaziland, enabling access to banking for the unbanked population.
- Increasing mobile money usage is a key priority for the Swazi government to promote financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of registered mobile money accounts per 1,000 adults in Swaziland. It provides 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 metric is important for understanding the development of the digital finance ecosystem and financial inclusion progress in Swaziland. It informs policymakers and financial institutions on the uptake of mobile-based financial services.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Global Findex database.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, development organizations, and financial institutions to assess financial inclusion progress and inform policies that promote digital financial services in Swaziland.
Q: Are there update delays or limitations?
A: The data is published by the World Bank on a periodic basis, so there may be update delays. The metric also only provides a high-level view of mobile money usage in Swaziland.
Related Trends
Value of Exports to Swaziland from Nevada
NVSWZA052SCEN
Literacy Rate, Adult Total for Swaziland
SEADTLITRZSSWZ
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Swaziland
SWZFCAKNUM
Gross Portfolio Equity Assets to GDP for Swaziland
DDDM09SZA156NWDB
Number of Identified Exporters to Swaziland from Pennsylvania
PASWZA475SCEN
Real GDP Per Capita for Swaziland
SWZNGDPRPCPCPPPT
Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Swaziland (SWZFCMARANUM), retrieved from FRED.