Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Tonga
TONFCMOAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.94
Year-over-Year Change
-89.80%
Date Range
1/1/2011 - 1/1/2018
Summary
This economic trend measures the geographic outreach and accessibility of mobile banking services in Tonga, tracking the number of active agent outlets per 1,000 square kilometers. It provides insights into the expansion of financial inclusion and digital banking infrastructure.
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 1000 Km2 for Tonga series captures the density of mobile banking agent locations across the island nation. This metric is used to evaluate the physical accessibility and geographic penetration of digital financial services, which is crucial for promoting financial inclusion and economic development.
Methodology
The data is collected and reported by the Central Bank of Tonga.
Historical Context
Policymakers and financial regulators use this indicator to monitor the progress of financial inclusion initiatives and identify areas for improving mobile banking accessibility.
Key Facts
- Tonga has a land area of 289 square kilometers.
- The number of active mobile banking agent outlets per 1,000 square kilometers in Tonga was 13.9 as of the latest data.
- Expanding mobile banking infrastructure is a key priority for the Central Bank of Tonga to enhance financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the density of active mobile banking agent outlets per 1,000 square kilometers in Tonga, providing insights into the geographic accessibility and outreach of digital financial services.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for evaluating the progress of financial inclusion initiatives and identifying areas for improving the physical accessibility of mobile banking services, which is crucial for economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Tonga.
Q: How is this trend used in economic policy?
A: Policymakers and financial regulators use this indicator to monitor the expansion of mobile banking infrastructure and identify areas for improving the geographic accessibility of digital financial services.
Q: Are there update delays or limitations?
A: The data is updated periodically by the Central Bank of Tonga, but the frequency of updates may vary.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Tonga (TONFCMOAKNUM), retrieved from FRED.