The synthetic financial inclusion index stood at 13 points in Niger as of 2021. The indicator measures trends in financial inclusion based on access, use, and affordability on a scale of 0-1, where zero represents total exclusion and one refers to full financial inclusion. Considering the period observed, the index peaked in 2015, 2018, 2020, and 2021, at 0.25 percent. According to the source, the country registered the lowest score compared to other nations in the West African Economic and Monetary Union in 2021.
Synthetic financial inclusion index in Niger from 2011 to 2021
Index points have been rounded and may slightly differ from the 3-decimal values provided by the source.
The index ranges from 0 to 1, where 0 represents total exclusion and 1 refers to full financial inclusion. It is obtained from a weighted average of several indicators (below).Â
The source explains that seven Central Bank indicators are used to analyze trends in financial inclusion, further regrouped under three main dimensions namely:
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Central Bank of West African States. (April 9, 2024). Synthetic financial inclusion index in Niger from 2011 to 2021 [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1474804/annual-synthetic-financial-inclusion-index/
Central Bank of West African States. "Synthetic financial inclusion index in Niger from 2011 to 2021." Chart. April 9, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1474804/annual-synthetic-financial-inclusion-index/
Central Bank of West African States. (2024). Synthetic financial inclusion index in Niger from 2011 to 2021. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1474804/annual-synthetic-financial-inclusion-index/
Central Bank of West African States. "Synthetic Financial Inclusion Index in Niger from 2011 to 2021." Statista, Statista Inc., 9 Apr 2024, https://www.statista.com/statistics/1474804/annual-synthetic-financial-inclusion-index/
Central Bank of West African States, Synthetic financial inclusion index in Niger from 2011 to 2021 Statista, https://www.statista.com/statistics/1474804/annual-synthetic-financial-inclusion-index/ (last visited November 18, 2024)
Synthetic financial inclusion index in Niger from 2011 to 2021 [Graph], Central Bank of West African States, April 9, 2024. [Online]. Available: https://www.statista.com/statistics/1474804/annual-synthetic-financial-inclusion-index/
