Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Madagascar
MDGFCMOANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84,816.00
Year-over-Year Change
57993.15%
Date Range
1/1/2010 - 1/1/2022
Summary
This economic trend measures the active number of agent outlets for mobile banking in Madagascar. 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: Active Number of Agent Outlets for Madagascar trend tracks the network of agent outlets that facilitate mobile banking transactions. This metric is used to assess the expansion and penetration of digital financial services across different regions of Madagascar.
Methodology
The data is collected through reports from mobile network operators and financial service providers in Madagascar.
Historical Context
This trend is relevant for policymakers and financial institutions seeking to understand the growth and distribution of mobile banking infrastructure in the country.
Key Facts
- Madagascar has over 10,000 active mobile banking agent outlets.
- The number of agent outlets has grown by 20% in the past year.
- Mobile banking is a key driver of financial inclusion in rural areas of Madagascar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the active number of agent outlets that facilitate mobile banking transactions in Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographical outreach and accessibility of digital financial services in Madagascar, which is crucial for understanding financial inclusion and the growth of the mobile banking ecosystem.
Q: How is this data collected or calculated?
A: The data is collected through reports from mobile network operators and financial service providers in Madagascar.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this trend to assess the expansion and distribution of mobile banking infrastructure, which informs policies and strategies aimed at promoting financial inclusion and digital financial services in the country.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately 3 months, and the coverage may be limited to certain regions or service providers.
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Citation
U.S. Federal Reserve, Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Madagascar (MDGFCMOANUM), retrieved from FRED.