Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Chad
TCDFCMARANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
270.77
Year-over-Year Change
16059.50%
Date Range
1/1/2014 - 1/1/2021
Summary
This economic trend measures the number of registered mobile money accounts per 1,000 adults in Chad. It provides insight into the adoption and usage of digital 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 registered mobile money accounts per 1,000 adults is an indicator of financial inclusion and the development of the mobile money ecosystem in Chad. It is used by economists and policymakers to assess progress towards broader access to digital financial services.
Methodology
The data is collected by the World Bank through nationally representative household surveys.
Historical Context
This trend is relevant for understanding financial market development and financial inclusion policies in Chad.
Key Facts
- Chad had 302 registered mobile money accounts per 1,000 adults in 2021.
- Mobile money usage has grown rapidly in Chad in recent years.
- Increasing financial inclusion is a key policy priority in Chad.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of registered mobile money accounts per 1,000 adults in Chad, providing insights into the adoption and usage of digital financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding financial market development and financial inclusion progress in Chad, which is a key policy priority for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through nationally representative household surveys.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the development of the mobile money ecosystem and progress towards broader access to digital financial services in Chad.
Q: Are there update delays or limitations?
A: The data may have some update delays due to the time required for household survey collection and processing.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Chad (TCDFCMARANUM), retrieved from FRED.