Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Bangladesh
BGDFCAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.56
Year-over-Year Change
260.49%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of automated teller machines (ATMs) per 100,000 adults in Bangladesh. It provides insight into the country's financial inclusion and access to banking services.
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
The ATMs per 100,000 adults metric is a key indicator of a country's financial infrastructure and outreach. It reflects the availability and accessibility of basic banking services for the population, which is an important factor in economic development and financial inclusion.
Methodology
The data is collected and reported by the Bangladesh Bank, the central bank of Bangladesh.
Historical Context
Policymakers and analysts use this metric to evaluate financial system penetration and monitor progress towards financial inclusion goals.
Key Facts
- Bangladesh had 10.2 ATMs per 100,000 adults in 2020.
- ATM density increased by 50% in Bangladesh from 2015 to 2020.
- Over 50% of Bangladeshi adults had a bank account as of 2017.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of automated teller machines (ATMs) per 100,000 adults in Bangladesh, which is an indicator of financial infrastructure and access to banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating financial inclusion and the development of a country's banking system, which are key factors in economic growth and poverty reduction.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bangladesh Bank, the central bank of Bangladesh.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor progress towards financial inclusion goals and assess the effectiveness of policies aimed at expanding access to banking services.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may not capture all informal or mobile banking services.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Bangladesh (BGDFCAANUM), retrieved from FRED.