Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Comoros
COMFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.00
Year-over-Year Change
37.93%
Date Range
1/1/2004 - 1/1/2023
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Comoros' trend measures the total number of ATMs installed across Comoros. This indicator is important for evaluating financial inclusion and the accessibility of banking services within 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 data series tracks the total count of ATMs operating nationwide in Comoros. It provides insight into the physical distribution and geographical coverage of banking infrastructure, which is a key factor in enabling broader access to financial services for the population.
Methodology
The data is collected and reported by the Central Bank of Comoros.
Historical Context
Policymakers and financial institutions use this metric to assess progress in expanding financial inclusion and the reach of formal banking services.
Key Facts
- Comoros had 78 ATMs nationwide as of the latest data.
- ATM density in Comoros is 0.9 per 100,000 adults.
- ATM infrastructure has grown steadily in Comoros in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) installed and operating across the country of Comoros.
Q: Why is this trend relevant for users or analysts?
A: The number of ATMs is an important indicator of financial inclusion and the accessibility of banking services for the population.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Comoros.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this metric to assess progress in expanding financial inclusion and the reach of formal banking services.
Q: Are there update delays or limitations?
A: The data is published with some delay, and may not capture all ATMs nationwide.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Comoros (COMFCACNUM), retrieved from FRED.