Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Mozambique
MOZFCBODUKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.01
Year-over-Year Change
-42.86%
Date Range
1/1/2005 - 1/1/2023
Summary
This economic trend measures the number of credit union and financial cooperative branches per 1,000 square kilometers in Mozambique. 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: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Mozambique data series tracks the density of financial service access points across the country's geography. This metric is useful for policymakers and analysts evaluating financial inclusion and the distribution of banking infrastructure.
Methodology
The data is collected through surveys of credit unions and financial cooperatives operating in Mozambique.
Historical Context
This trend is relevant for assessing financial access and the reach of the formal banking system within Mozambique.
Key Facts
- Mozambique has a land area of 799,380 square kilometers.
- The latest data shows 0.58 credit union/cooperative branches per 1,000 square km.
- Financial inclusion remains a challenge, with only 59% of adults having a bank account.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of credit union and financial cooperative branches per 1,000 square kilometers in Mozambique, providing insights into the geographical outreach and accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for policymakers and analysts evaluating financial inclusion and the distribution of banking infrastructure within Mozambique.
Q: How is this data collected or calculated?
A: The data is collected through surveys of credit unions and financial cooperatives operating in Mozambique.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing financial access and the reach of the formal banking system within Mozambique, which can inform policies aimed at improving financial inclusion.
Q: Are there update delays or limitations?
A: The data may be subject to collection and reporting delays, and it only captures credit union and cooperative branches, not the full landscape of financial service providers.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Mozambique (MOZFCBODUKNUM), retrieved from FRED.