Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 100,000 Adults for Chad
TCDFCMOAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.67
Year-over-Year Change
1041.84%
Date Range
1/1/2014 - 1/1/2021
Summary
This economic trend measures the number of active mobile banking agent outlets per 100,000 adults in Chad, a key indicator of financial inclusion and access to digital financial 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, Active Agent Outlets Per 100,000 Adults' data series tracks the density of mobile banking agent outlets in Chad, providing insights into the expansion of digital financial infrastructure and financial access for the population.
Methodology
The data is collected and calculated by the World Bank as part of its Global Findex database.
Historical Context
This metric is widely used by policymakers, economists, and financial sector analysts to assess progress towards financial inclusion goals in Chad and across developing economies.
Key Facts
- The number of active mobile banking agent outlets per 100,000 adults in Chad was 8.56 in 2021.
- Chad's mobile banking agent density is lower than the regional average for Sub-Saharan Africa.
- Increasing mobile banking agent outlets is a key policy goal for improving financial inclusion in Chad.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of active mobile banking agent outlets per 100,000 adults in Chad, which is an indicator of the geographical reach and access to digital financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing financial inclusion and the expansion of digital financial infrastructure in developing economies like Chad.
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: Policymakers, economists, and financial sector analysts use this metric to monitor progress towards financial inclusion goals and inform policies to expand access to digital financial services.
Q: Are there update delays or limitations?
A: The data is published biennially by the World Bank, so there may be a 1-2 year delay in the most recent figures.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 100,000 Adults for Chad (TCDFCMOAANUM), retrieved from FRED.