Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Ethiopia
ETHFCAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.96
Year-over-Year Change
98127.27%
Date Range
1/1/2004 - 1/1/2023
Summary
The 'Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Ethiopia' metric tracks the density of ATMs per square kilometer in Ethiopia, providing insights into the financial infrastructure and accessibility 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 indicator represents the geographic availability of ATM services, a crucial aspect of financial inclusion and economic development. It is used by policymakers, financial institutions, and researchers to assess the reach and penetration of banking services across Ethiopia.
Methodology
The data is collected and calculated by the National Bank of Ethiopia.
Historical Context
This metric informs financial sector policies and infrastructure planning to promote broader access to banking services.
Key Facts
- Ethiopia has a total area of over 1.1 million square kilometers.
- The average ATM density is 1.2 per 1000 square kilometers.
- Access to banking services is a key challenge in rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the density of ATMs per square kilometer in Ethiopia, providing insights into the geographic availability and reach of financial infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding financial inclusion and accessibility, informing policies and infrastructure planning to promote broader access to banking services across Ethiopia.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the National Bank of Ethiopia.
Q: How is this trend used in economic policy?
A: This metric informs financial sector policies and infrastructure planning to promote broader access to banking services, which is a key driver of economic development and financial inclusion.
Q: Are there update delays or limitations?
A: The data may be subject to collection and reporting delays by the National Bank of Ethiopia.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Ethiopia (ETHFCAKNUM), retrieved from FRED.