Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Mozambique
MOZFCMARANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
871.26
Year-over-Year Change
362.57%
Date Range
1/1/2013 - 1/1/2023
Summary
This economic trend measures the number of registered mobile money accounts per 1,000 adults in Mozambique. It is a key indicator of financial inclusion and the adoption of digital 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 Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Mozambique data series tracks the growth and penetration of mobile money services in the country. It is an important metric for policymakers and financial sector analysts to gauge progress toward greater financial inclusion.
Methodology
The data is collected and reported by the International Monetary Fund's Financial Access Survey.
Historical Context
This trend is closely monitored by Mozambique's central bank and international development institutions to assess the impact of financial inclusion initiatives.
Key Facts
- Mozambique had 686 registered mobile money accounts per 1,000 adults in 2021.
- Mobile money adoption has grown rapidly in Mozambique over the past decade.
- Financial inclusion is a key development priority for the Mozambican government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of registered mobile money accounts per 1,000 adults in Mozambique, a key indicator of financial inclusion and digital financial services adoption.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by policymakers, development institutions, and financial sector analysts to gauge progress toward greater financial inclusion in Mozambique.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund's Financial Access Survey.
Q: How is this trend used in economic policy?
A: Mozambique's central bank and international development institutions monitor this trend to assess the impact of financial inclusion initiatives and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may not capture all informal or unregistered mobile money accounts.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Mozambique (MOZFCMARANUM), retrieved from FRED.