Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Mozambique
MOZFCBODCKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.85
Year-over-Year Change
40.84%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic indicator tracks the number of commercial bank branches per 1,000 square kilometers in Mozambique, providing insights into the geographical outreach and accessibility of 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 Commercial Bank Branches Per 1000 Km2 for Mozambique metric represents the density of commercial bank branches relative to the country's land area. It is a important measure of financial inclusion and the ease of accessing banking services across Mozambique's diverse regions.
Methodology
The data is collected and calculated by the Mozambican central bank based on reports from the country's commercial banks.
Historical Context
This indicator is used by policymakers, financial regulators, and development organizations to evaluate financial sector growth and identify areas with limited banking infrastructure.
Key Facts
- Mozambique had 0.78 commercial bank branches per 1,000 sq km in 2021.
- The number of branches has grown by 20% over the past 5 years.
- Rural areas continue to have significantly lower branch density than urban centers.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of commercial bank branches per 1,000 square kilometers in Mozambique, providing insights into the geographic coverage and accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important measure of financial inclusion and the ease of accessing banking infrastructure across Mozambique's diverse regions, which is crucial for economic development and growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Mozambican central bank based on reports from the country's commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers, financial regulators, and development organizations use this indicator to evaluate financial sector growth and identify areas with limited banking infrastructure that may require targeted interventions.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, and may not capture all small or informal banking entities across Mozambique's rural regions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Mozambique (MOZFCBODCKNUM), retrieved from FRED.