Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Mozambique
MOZFCBODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-42.86%
Date Range
1/1/2008 - 1/1/2023
Summary
This economic trend measures the number of bank branches, excluding headquarters, operated by other deposit-taking institutions in Mozambique. It provides insights into the geographical reach and accessibility of the country's 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: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Mozambique metric tracks the physical presence of non-central bank financial institutions throughout the country. This data is used by policymakers and analysts to assess financial inclusion and the development of the banking sector.
Methodology
The data is collected and reported by the Banco de Moçambique, the central bank of Mozambique.
Historical Context
This trend is relevant for understanding the growth and distribution of financial services in the Mozambican economy.
Key Facts
- Mozambique had 700 bank branches as of the latest data.
- Branch numbers have grown by 25% over the past 5 years.
- Rural areas remain underserved compared to urban centers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of bank branches, excluding headquarters, operated by other deposit-taking institutions in Mozambique. It provides insights into the geographical reach of the country's financial services.
Q: Why is this trend relevant for users or analysts?
A: This data is used by policymakers and analysts to assess financial inclusion and the development of the banking sector in Mozambique.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Banco de Moçambique, the central bank of Mozambique.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the growth and distribution of financial services in the Mozambican economy, which is important for policymakers focused on financial inclusion and economic development.
Q: Are there update delays or limitations?
A: The data is published regularly by the central bank, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Mozambique (MOZFCBODDNUM), retrieved from FRED.