Mobile Subscribers per 100 Inhabitants: Access to Market Data and Mobile Banking
Mobile banking access and market connectivity are essential indicators of financial inclusion and economic development. This dataset from the Global Food Security Index ranks countries by the number of mobile subscribers per 100 inhabitants, highlighting the role of mobile technology in bridging financial gaps worldwide.
Which countries have the highest mobile banking access?
The United Arab Emirates leads with 185.78 mobile subscribers per 100 inhabitants, followed by Thailand (166.61) and Russia (163.59). These countries showcase advanced mobile connectivity, enabling widespread access to financial services and market data.
Top 10 countries by mobile subscribers per 100 inhabitants
The top-ranked countries for mobile banking access are:
1. United Arab Emirates: 185.78
2. Thailand: 166.61
3. Russia: 163.59
4. Botswana: 162.84
5. South Africa: 161.8
6. Kuwait: 158.53
7. Japan: 154.22
8. El Salvador: 153.39
9. Ivory Coast: 152
10. Costa Rica: 147.47
How does mobile connectivity impact financial inclusion?
Countries with high mobile subscriber rates often experience improved financial inclusion, as mobile banking provides access to savings, credit, and payment systems. This is especially significant in regions with limited traditional banking infrastructure, such as Africa and Southeast Asia.
Which regions excel in mobile banking access?
Middle Eastern countries like the UAE and Kuwait lead globally, reflecting advanced telecom infrastructure. African nations like Botswana and South Africa also rank high, showcasing rapid adoption of mobile technologies to bridge financial service gaps.
Which countries face challenges in mobile connectivity?
Countries like Ethiopia (38.71), Angola (44.56), and Mozambique (49.47) rank low, indicating limited telecom infrastructure and challenges in expanding mobile banking services. These gaps can hinder economic participation and market access.
What factors drive high mobile banking access?
High mobile banking access is driven by robust telecom networks, affordable mobile services, and supportive government policies. Countries with strong digital economies and public-private collaborations often achieve higher mobile connectivity rates.
How does mobile banking contribute to economic development?
Mobile banking facilitates financial transactions, reduces barriers to credit, and promotes economic inclusion. It also supports small businesses and rural populations by providing tools for financial management and market participation.
