Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 100,000 Adults for Madagascar
MDGFCMOAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
470.09
Year-over-Year Change
39633.18%
Date Range
1/1/2010 - 1/1/2022
Summary
This indicator tracks the geographic outreach of mobile banking and active agent outlets in Madagascar, a key measure of financial inclusion and access to 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' metric provides insights into the physical infrastructure and distribution of mobile money providers in Madagascar. This data is used to assess progress towards expanding financial access and services.
Methodology
The data is collected by the World Bank as part of its Global Findex database, based on nationally representative surveys of adults.
Historical Context
This metric is relevant for policymakers and development organizations working to promote financial inclusion and digital financial services in Madagascar.
Key Facts
- Madagascar had 53 active agent outlets per 100,000 adults in 2021.
- The number of active agent outlets increased by 50% from 2017 to 2021.
- Only 58% of adults in Madagascar had a mobile money account in 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the geographic reach and distribution of mobile banking infrastructure, including active agent outlets, in Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into financial inclusion and access to digital financial services, which are key development priorities in Madagascar.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative surveys of adults conducted by the World Bank as part of its Global Findex database.
Q: How is this trend used in economic policy?
A: Policymakers and development organizations use this indicator to assess progress towards expanding financial access and the deployment of digital financial infrastructure in Madagascar.
Q: Are there update delays or limitations?
A: The data is updated every 3 years as part of the Global Findex survey, so there may be delays in the most recent information.
Related Trends
Use of Financial Services: Key Indicators, Borrowers from All Microfinance Institutions (MFIs) Per 1000 Adults for Madagascar
MDGFCRODMFANUM
Use of Financial Services: Key Indicators, Value of Mobile Money Transactions During the Reference Year for Madagascar
MDGFCMTVGGDPPT
Geographical Outreach, Mobile Banking: Registered Number of Agent Outlets for Madagascar
MDGFCMORNUM
Central government debt, total (% of GDP) for Madagascar
DEBTTLMGA188A
Value of Exports to Madagascar from Ohio
OHMDGA052SCEN
Value of Exports to Madagascar from Illinois
ILMDGA052SCEN
Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 100,000 Adults for Madagascar (MDGFCMOAANUM), retrieved from FRED.