Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Bangladesh

BGDFCACLNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3,823.00

Year-over-Year Change

4010.75%

Date Range

1/1/2004 - 1/1/2015

Summary

This economic trend measures the number of automated teller machines (ATMs) in the three largest cities of Bangladesh. It provides insights into the availability and accessibility of banking services for the population.

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 Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Bangladesh series tracks the total count of ATMs located in Dhaka, Chittagong, and Khulna, the three most populous urban areas in the country. This data helps economists and policymakers understand the geographic distribution of financial infrastructure.

Methodology

The data is collected by the central bank of Bangladesh through surveys of financial institutions.

Historical Context

This trend is useful for assessing the progress of financial inclusion initiatives and banking penetration in urban Bangladesh.

Key Facts

  • Bangladesh has a population of over 160 million.
  • Dhaka, Chittagong, and Khulna are the three largest cities in Bangladesh.
  • ATM access is an important indicator of financial inclusion.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of automated teller machines (ATMs) located in the three largest cities of Bangladesh: Dhaka, Chittagong, and Khulna.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into the geographic distribution and accessibility of banking services in urban Bangladesh, which is important for assessing financial inclusion and infrastructure development.

Q: How is this data collected or calculated?

A: The data is collected by the central bank of Bangladesh through surveys of financial institutions operating in the country.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to evaluate the progress of financial inclusion initiatives and the expansion of banking services in Bangladesh's major metropolitan areas.

Q: Are there update delays or limitations?

A: The data is published with a short delay, and it only covers the three largest cities in Bangladesh, which may not represent the full picture of ATM availability nationwide.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Bangladesh (BGDFCACLNUM), retrieved from FRED.