Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Lesotho
LSOFCMORKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,019.40
Year-over-Year Change
2041.80%
Date Range
1/1/2013 - 1/1/2023
Summary
This economic trend measures the geographical outreach of mobile banking and registered agent outlets per square kilometer in Lesotho. It provides insights into financial inclusion and the accessibility of banking services across 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: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Lesotho metric tracks the density of financial access points, which is an important indicator of financial inclusion and the ability of the population to utilize banking services.
Methodology
The data is collected and calculated by the Central Bank of Lesotho.
Historical Context
This trend is closely monitored by policymakers and development institutions to assess progress in expanding financial access and digital banking in Lesotho.
Key Facts
- Lesotho has a total land area of 30,355 square kilometers.
- In 2021, there were 5.3 registered agent outlets per 1,000 square kilometers.
- Mobile money accounts for over 50% of all financial transactions in Lesotho.
FAQs
Q: What does this economic trend measure?
A: This trend measures the geographical outreach and density of mobile banking and registered agent outlets per square kilometer in Lesotho. It provides insights into financial inclusion and accessibility of banking services across the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for assessing progress in expanding financial access and digital banking in Lesotho, which is a key driver of economic development and financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Lesotho.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and development institutions to evaluate efforts to improve the accessibility of banking services and promote financial inclusion in Lesotho.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Lesotho, but there may be some delays in reporting due to the time required to collect and process the information.
Related Trends
People 15 Years and Over with Account at a Formal Financial Institution for Lesotho
DDAI05LSA156NWDB
Bank's Non-Interest Income to Total Income for Lesotho
DDEI03LSA156NWDB
Net Reserves by Months of Imported Goods and Services for Lesotho
LSOBRASSMIMH
Liquid Liabilities to GDP for Lesotho
DDDI05LSA156NWDB
Internet users for Lesotho
ITNETUSERP2LSO
Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Lesotho
LSOFCIODDNUM
Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Lesotho (LSOFCMORKNUM), retrieved from FRED.