Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Qatar
QATFCMOANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.00
Year-over-Year Change
1000.00%
Date Range
1/1/2011 - 1/1/2017
Summary
The Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Qatar measures the number of active mobile banking agent outlets in the country, providing insights into financial inclusion and access to digital banking 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
This economic trend tracks the active number of agent outlets for mobile banking services in Qatar, which are physical locations where customers can conduct banking transactions without visiting a traditional bank branch. It is an important indicator of financial inclusion and the expansion of digital financial services.
Methodology
The data is collected by the Qatar Central Bank through monitoring of licensed mobile banking service providers.
Historical Context
Policymakers and financial regulators use this metric to assess the growth and accessibility of digital financial services in Qatar.
Key Facts
- Qatar had over 7,000 active mobile banking agent outlets as of the latest data.
- The number of active agent outlets has grown significantly in recent years, reflecting increased financial inclusion.
- Mobile banking agent outlets provide essential services to unbanked and underbanked populations in Qatar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the active number of agent outlets for mobile banking services in Qatar, which are physical locations where customers can conduct banking transactions without visiting a traditional bank branch.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of financial inclusion and the expansion of digital financial services in Qatar, providing insights for policymakers and financial regulators.
Q: How is this data collected or calculated?
A: The data is collected by the Qatar Central Bank through monitoring of licensed mobile banking service providers.
Q: How is this trend used in economic policy?
A: Policymakers and financial regulators use this metric to assess the growth and accessibility of digital financial services in Qatar, informing policies aimed at improving financial inclusion.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules of the Qatar Central Bank, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Qatar (QATFCMOANUM), retrieved from FRED.