This table provides metadata for the actual indicator available from Faroe Islands statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Faroese statistics, this table should be consulted for information on national methodology and other Faroese-specific metadata information.
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.
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This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.
| Indicator |
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 |
|---|---|
| Target |
Target 8.10: Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all |
| Metadata update |
2023-03-31 |
| International organisations(s) responsible for global monitoring |
World Bank |
| Related indicators |
Not applicable |
| Link to UN metadata | Metadata on this indicator opens in a new window |
| Organisation |
Statistics Faroe Islands |
|---|---|
| Link to data source | Statistics Faroe Islands opens in a new window |
| Contact details |
jogvanb@hagstova.fo |