Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Colombia
COLFCAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.96
Year-over-Year Change
19.10%
Date Range
1/1/2007 - 1/1/2023
Summary
This economic indicator tracks the number of ATMs per 100,000 adults in Colombia, providing insight into the geographical outreach and accessibility of financial services 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
The ATMs per 100,000 adults metric is a key indicator of financial inclusion and infrastructure development. It reveals the density and penetration of automated teller machines, which are a crucial access point for basic banking services.
Methodology
The data is collected and calculated by the Colombian Financial Superintendency.
Historical Context
This indicator is used by policymakers and financial institutions to assess progress in expanding financial access and promoting economic development.
Key Facts
- Colombia had 48.4 ATMs per 100,000 adults in 2020.
- ATM density in Colombia has increased by 20% over the past decade.
- Financial inclusion remains a key policy priority in Colombia.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of automated teller machines (ATMs) per 100,000 adults in Colombia, providing insight into the geographic coverage and accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: ATM density is a crucial metric for assessing financial inclusion and infrastructure development, as it reflects the availability and penetration of basic banking services across the population.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Colombian Financial Superintendency.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this indicator to monitor progress in expanding financial access and promoting inclusive economic development in Colombia.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, but it provides a reliable and transparent measure of ATM infrastructure in the country.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Colombia (COLFCAANUM), retrieved from FRED.