Data has a fundamental role in establishing a common understanding of the current state of financial inclusion. It can be used by regulators, policymakers, and financial services providers in all policymaking processes: diagnosis of the state of financial inclusion, designing appropriate policies, setting financial inclusion targets, monitoring and evaluation which provide a feedback loop to adjust targets and initiate policy reforms. The main stages for measuring financial inclusion are:
1. Country specific definition of financial inclusion
2. Identification of data needs and data gaps
3. Data gathering
4. Data analysis, usage for decision-making process and dissemination
1. Country specific definition of financial inclusion
2. Identification of data needs and data gaps
3. Data gathering
4. Data analysis, usage for decision-making process and dissemination
AFI’s Financial Inclusion Data and Impact Working Group (FIDIWG)
A platform dedicated to promoting and sharing practical knowledge and recommendations on financial inclusion measurements including core set indicators, measurement methodologies, policy models and other good practices by AFI member institutions.
FIDIWG aims to develop a common framework for measuring financial inclusion and sharing lessons learned on topics such as target setting, quantitative and qualitative measurement methodologies, and data analysis and dissemination to better inform policymaking and changes in regulation. Members actively promote the use and adoption of a framework within the AFI network at the international level.
View the FinNeeds toolkit, a measurement framework by insight2impact. This toolkit outlines the FinNeeds indicators to track and discusses the data sources and measurement approaches relevant for each element, as well as how to analyze the data for policy-ready insights.
FIDIWG aims to develop a common framework for measuring financial inclusion and sharing lessons learned on topics such as target setting, quantitative and qualitative measurement methodologies, and data analysis and dissemination to better inform policymaking and changes in regulation. Members actively promote the use and adoption of a framework within the AFI network at the international level.
View the FinNeeds toolkit, a measurement framework by insight2impact. This toolkit outlines the FinNeeds indicators to track and discusses the data sources and measurement approaches relevant for each element, as well as how to analyze the data for policy-ready insights.
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