Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Dominica

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

Latest Value

19.00

Year-over-Year Change

-26.92%

Date Range

1/1/2004 - 1/1/2024

Summary

The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Dominica' trend measures the total number of ATMs across Dominica. This metric is important for understanding financial inclusion and access to banking 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

This economic indicator tracks the total count of ATMs located nationwide in Dominica. It provides insight into the physical distribution and geographical reach of banking infrastructure, which is a key factor in financial accessibility for consumers and businesses.

Methodology

The data is collected and reported by the Central Bank of Dominica.

Historical Context

Policymakers and financial institutions use this trend to gauge the level of financial services penetration across Dominica.

Key Facts

  • Dominica had 59 ATMs nationwide as of the latest data.
  • ATM access varies across urban and rural areas of Dominica.
  • The number of ATMs per 100,000 adults is a common financial inclusion metric.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of automated teller machines (ATMs) operating across Dominica on a country-wide basis.

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

A: The ATM count is an important indicator of financial infrastructure and accessibility, which are key factors in financial inclusion and the ability of consumers and businesses to access banking services.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Central Bank of Dominica.

Q: How is this trend used in economic policy?

A: Policymakers and financial institutions use this trend to gauge the level of financial services penetration across Dominica and inform decisions around expanding banking infrastructure and access.

Q: Are there update delays or limitations?

A: The data may be subject to periodic updates by the Central Bank of Dominica, and there could be geographic or temporal limitations in coverage.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Dominica (DMAFCACNUM), retrieved from FRED.