Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Burundi
BDIFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.00
Year-over-Year Change
372.00%
Date Range
1/1/2004 - 1/1/2022
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Burundi' series tracks the total number of ATMs across Burundi. This measure provides insight into the accessibility and development of financial infrastructure in the country.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator represents the total count of ATM terminals operating nationwide in Burundi. It serves as a proxy for the geographic reach and penetration of formal banking services, which is a key factor in financial inclusion and economic development.
Methodology
The data is collected and reported by the Central Bank of Burundi.
Historical Context
Policymakers and economists use this metric to assess progress in expanding financial access and digital payment channels across Burundi.
Key Facts
- Burundi had 340 ATMs as of the latest data.
- ATM access varies significantly between urban and rural areas.
- Expanding ATM networks is a key policy goal to boost financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of automated teller machines (ATMs) operating across Burundi. It provides a measure of the geographic spread and accessibility of formal banking services in the country.
Q: Why is this trend relevant for users or analysts?
A: The number of ATMs is an important metric for assessing progress in expanding financial inclusion and digital payment infrastructure in Burundi. It helps policymakers and economists evaluate financial access and development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Burundi.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this ATM metric to monitor the development of Burundi's financial system and guide efforts to improve banking access and digital payment channels nationwide.
Q: Are there update delays or limitations?
A: The data may have delays of several months before being published. Additionally, the indicator only captures ATM availability and does not reflect other modes of financial service delivery.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Burundi (BDIFCACNUM), retrieved from FRED.