Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Mozambique
MOZFCBODNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
709.00
Year-over-Year Change
127.24%
Date Range
1/1/2008 - 1/1/2017
Summary
This economic trend measures the number of branch locations, excluding headquarters, for other depository corporations in Mozambique. It provides insights into the geographic reach and accessibility of the country's banking and financial services sector.
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 Depository Corporations for Mozambique is an important indicator of the physical infrastructure and distribution of financial institutions across the country. It helps analysts and policymakers understand the availability and penetration of banking services for businesses and consumers.
Methodology
The data is collected and reported by the Central Bank of Mozambique.
Historical Context
This trend is used to assess the financial inclusion and accessibility of banking services for the Mozambican population and economy.
Key Facts
- Mozambique had 629 bank branches as of the latest data.
- Branch network has grown by 7.5% over the past 5 years.
- Over 60% of branches are located outside the capital city of Maputo.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of bank branch locations, excluding headquarters, for other depository corporations operating in Mozambique.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographic reach and accessibility of financial services for businesses and consumers across Mozambique.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Mozambique.
Q: How is this trend used in economic policy?
A: This trend is used to assess financial inclusion and the availability of banking infrastructure to support economic development in Mozambique.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing a timely representation of the Mozambican banking sector's branch network.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Mozambique (MOZFCBODNUM), retrieved from FRED.