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SDG081002 8.10.2 Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider

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Kári Holm Johannesen
2/11/2021
text
A
4/26/2021
2/11/2021
Statistics Faroe Islands: www.hagstova.fo/en
SDG081002
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Goal 8. Promote sustained, inclusive and sustainable economic growth, full and productive employment
and decent work for all
Target 8.10
 Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all
  Indicator 8.10.2
  Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider
  Text answer
  Faroe Islands does not compile continuous and official statistics in accordance with the methodology of the indicator. However, In The Faroe Islands there are no or few legal and institutional restrictions for opening a bank account. Therefore, Statistics Faroe Islands estimates that everyone or nearly everyone has a bank account.