Use of Financial Services: Key Indicators, Value of Mobile Money Transactions During the Reference Year for Qatar
QATFCMTVGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.50
Year-over-Year Change
3262100.75%
Date Range
1/1/2011 - 1/1/2021
Summary
The 'Use of Financial Services: Key Indicators, Value of Mobile Money Transactions During the Reference Year for Qatar' trend measures the total value of mobile money transactions in Qatar as a percentage of its GDP.
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 indicator provides insight into the adoption and usage of digital financial services in Qatar's economy. It is used by economists and policymakers to assess financial inclusion and the development of Qatar's fintech sector.
Methodology
The data is collected and reported annually by the Qatar Central Bank.
Historical Context
This metric is closely watched by institutions and investors analyzing Qatar's financial ecosystem and digital transformation progress.
Key Facts
- Qatar's mobile money transactions were 0.3% of GDP in 2021.
- Digital payments have grown rapidly in Qatar in recent years.
- The Qatari government is promoting fintech innovation and financial digitization.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of mobile money transactions in Qatar as a percentage of its GDP, providing insight into digital financial services adoption.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to assess financial inclusion and the development of Qatar's fintech sector.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the Qatar Central Bank.
Q: How is this trend used in economic policy?
A: This indicator is closely watched by institutions and investors analyzing Qatar's financial ecosystem and digital transformation progress.
Q: Are there update delays or limitations?
A: The data is published annually, with some delay in reporting.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Value of Mobile Money Transactions During the Reference Year for Qatar (QATFCMTVGGDPPT), retrieved from FRED.