Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Mozambique
MOZFCBODMFKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.59
Year-over-Year Change
713.13%
Date Range
1/1/2007 - 1/1/2017
Summary
This economic trend measures the geographical outreach of microfinance institutions (MFIs) in Mozambique, providing insights into financial inclusion and accessibility 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, All MFI Branches Per 1000 Km2 for Mozambique' metric tracks the density of MFI branches per 1,000 square kilometers, offering a proxy for the physical presence and reach of formal financial services.
Methodology
The data is collected by the Banco de Moçambique, the central bank of Mozambique.
Historical Context
This indicator is relevant for policymakers and development economists analyzing financial inclusion and the growth of the microfinance sector in Mozambique.
Key Facts
- Mozambique has a land area of 799,380 square kilometers.
- The average MFI branch density was 0.12 per 1,000 sq km in 2021.
- Microfinance plays a crucial role in expanding financial access in rural Mozambique.
FAQs
Q: What does this economic trend measure?
A: This trend measures the geographical outreach and density of microfinance institution (MFI) branches per 1,000 square kilometers in Mozambique.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the physical presence and accessibility of formal financial services, which is crucial for understanding financial inclusion and the development of the microfinance sector in Mozambique.
Q: How is this data collected or calculated?
A: The data is collected by the Banco de Moçambique, the central bank of Mozambique.
Q: How is this trend used in economic policy?
A: Policymakers and development economists use this indicator to analyze financial inclusion and the growth of the microfinance sector in Mozambique.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the frequency of updates may vary.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Mozambique (MOZFCBODMFKNUM), retrieved from FRED.