Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Qatar
QATFCMARANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
453.91
Year-over-Year Change
489.19%
Date Range
1/1/2014 - 1/1/2021
Summary
This economic indicator tracks the number of registered mobile money accounts per 1,000 adults in Qatar, providing insights into financial inclusion and digital payment adoption.
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 registered mobile money accounts per 1,000 adults metric measures the level of financial services usage and digital payment infrastructure development in Qatar. It is a key indicator of financial inclusion and the broader transition towards a cashless society.
Methodology
The data is collected and reported by the International Monetary Fund as part of its Financial Access Survey.
Historical Context
This trend is used by policymakers, economists, and financial institutions to assess Qatar's progress in promoting digital financial services and financial inclusion.
Key Facts
- Qatar had 610 registered mobile money accounts per 1,000 adults in 2021.
- Mobile money usage in Qatar has grown rapidly in recent years.
- Financial inclusion is a key priority for Qatar's economic and social development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of registered mobile money accounts per 1,000 adults in Qatar, providing insights into the level of financial inclusion and digital payment adoption in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding Qatar's progress in promoting financial inclusion and the transition towards a cashless society, which are important goals for the country's economic and social development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund as part of its Financial Access Survey.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial institutions use this trend to assess Qatar's efforts to expand access to digital financial services and promote financial inclusion, which are key priorities for the country's economic development.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting due to the time required for data collection and compilation.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Qatar (QATFCMARANUM), retrieved from FRED.