Geographical Outreach, Mobile Banking: Registered Number of Agent Outlets for Liberia
LBRFCMORNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66,182.24
Year-over-Year Change
56466.02%
Date Range
1/1/2012 - 1/1/2023
Summary
This economic trend measures the registered number of agent outlets for mobile banking in Liberia. It provides insights into the geographical outreach and accessibility of 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 Geographical Outreach, Mobile Banking: Registered Number of Agent Outlets for Liberia trend tracks the growth and distribution of mobile banking agent outlets across Liberia. This data point is used by policymakers and economists to evaluate financial inclusion and the expansion of digital financial services in the country.
Methodology
The data is collected and reported by the Central Bank of Liberia.
Historical Context
This trend is relevant for understanding the development of Liberia's financial infrastructure and the availability of digital banking services for the population.
Key Facts
- Liberia had 3,201 registered mobile banking agent outlets as of 2020.
- Mobile banking agent outlets have grown by over 400% in Liberia since 2015.
- Increased agent outlets have improved financial access for unbanked rural populations in Liberia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the registered number of agent outlets for mobile banking services in Liberia. It tracks the physical distribution and geographical outreach of digital financial services across the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the expansion of financial inclusion and accessibility of digital banking in Liberia. It is used by policymakers, economists, and analysts to evaluate the development of the country's financial infrastructure.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Liberia.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and regulators to monitor the growth of digital financial services and guide strategies for improving financial inclusion in Liberia.
Q: Are there update delays or limitations?
A: The data is published with a short delay by the Central Bank of Liberia. There may be limitations in capturing all registered agent outlets, especially in remote areas.
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Citation
U.S. Federal Reserve, Geographical Outreach, Mobile Banking: Registered Number of Agent Outlets for Liberia (LBRFCMORNUM), retrieved from FRED.