Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Samoa

WSMFCMOAKNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

27.34

Year-over-Year Change

61.18%

Date Range

1/1/2013 - 1/1/2023

Summary

This economic indicator measures the geographic coverage of mobile banking and active agent outlets per 1,000 square kilometers in Samoa. It provides insights into the accessibility and reach 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: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Samoa metric tracks the density of mobile banking and agent outlets across the country's geographical area. This data point is used to evaluate financial inclusion and the expansion of digital financial services.

Methodology

The data is collected and calculated by the World Bank based on information provided by financial service providers.

Historical Context

Policymakers and financial institutions utilize this indicator to monitor progress toward financial inclusion goals and identify underserved areas.

Key Facts

  • Samoa has 2.31 active agent outlets per 1,000 square kilometers.
  • The indicator has increased from 1.87 in 2014 to 2.31 in 2017.
  • Improved financial access can boost economic opportunities in rural areas.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the geographic coverage of mobile banking and active agent outlets per 1,000 square kilometers in Samoa.

Q: Why is this trend relevant for users or analysts?

A: This data point is used to evaluate financial inclusion and the expansion of digital financial services in Samoa.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank based on information provided by financial service providers.

Q: How is this trend used in economic policy?

A: Policymakers and financial institutions utilize this indicator to monitor progress toward financial inclusion goals and identify underserved areas.

Q: Are there update delays or limitations?

A: The data is updated periodically by the World Bank, and there may be some delays in reporting.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Samoa (WSMFCMOAKNUM), retrieved from FRED.