Geographical Outreach, Mobile Banking: Registered Number of Agent Outlets for Solomon Islands
SLBFCMORNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.00
Year-over-Year Change
128.26%
Date Range
1/1/2013 - 1/1/2020
Summary
This economic trend measures the registered number of agent outlets for mobile banking in Solomon Islands. 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, Mobile Banking: Registered Number of Agent Outlets for Solomon Islands trend tracks the number of registered agent outlets that facilitate mobile banking services. This metric is used to assess the expansion and penetration of digital financial inclusion across different regions of Solomon Islands.
Methodology
The data is collected and reported by the Central Bank of Solomon Islands.
Historical Context
This trend is relevant for policymakers and financial institutions to monitor the progress of financial inclusion initiatives and identify areas for improvement.
Key Facts
- Solomon Islands has a population of over 700,000 people.
- The number of registered mobile banking agent outlets has grown significantly in recent years.
- Improving financial inclusion is a key priority for the government of Solomon Islands.
FAQs
Q: What does this economic trend measure?
A: This trend measures the registered number of agent outlets that facilitate mobile banking services in Solomon Islands. It provides insights into the geographical outreach and accessibility of digital financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, financial institutions, and analysts to assess the progress of financial inclusion initiatives and identify areas for improvement in the distribution and accessibility of mobile banking services across Solomon Islands.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Solomon Islands.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and financial institutions to monitor the expansion of digital financial services and inform policies and strategies aimed at improving financial inclusion in Solomon Islands.
Q: Are there update delays or limitations?
A: The data is reported by the Central Bank of Solomon Islands, and there may be occasional delays in the publication of updates. The trend may also be limited to the registered agent outlets and may not capture all informal or unregistered mobile banking activities.
Related Trends
External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Solomon Islands
DDOI10SBA156NWDB
Fiscal Situation of General Government: Net Lending/borrowing for Solomon Islands
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Bank Deposits to GDP for Solomon Islands
DDOI02SBA156NWDB
Fertility Rate, Total for the Solomon Islands
SPDYNTFRTINSLB
Bank's Return on Assets for Solomon Islands
DDEI05SBA156NWDB
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Solomon Islands
SLBFCBODDNUM
Citation
U.S. Federal Reserve, Geographical Outreach, Mobile Banking: Registered Number of Agent Outlets for Solomon Islands (SLBFCMORNUM), retrieved from FRED.