Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Guinea-Bissau
GNBFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.00
Year-over-Year Change
607.69%
Date Range
1/1/2010 - 1/1/2023
Summary
This trend measures the total number of automated teller machines (ATMs) across Guinea-Bissau. It provides insights into the country's financial access and infrastructure development.
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), Country Wide for Guinea-Bissau metric tracks the total count of ATMs installed throughout the country. This data point is used by economists and policymakers to analyze financial inclusion and the expansion of banking services.
Methodology
The data is collected and reported by the Central Bank of Guinea-Bissau.
Historical Context
This trend is relevant for understanding the progress of financial sector development and access to banking services in Guinea-Bissau.
Key Facts
- Guinea-Bissau had 100 ATMs as of the latest data.
- ATM penetration is an important indicator of financial inclusion.
- The number of ATMs has grown steadily in Guinea-Bissau over time.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) installed across Guinea-Bissau. It provides an indicator of the country's financial infrastructure and access to banking services.
Q: Why is this trend relevant for users or analysts?
A: The number of ATMs is an important metric for understanding financial inclusion and the development of the banking sector in Guinea-Bissau. It helps economists and policymakers assess progress in expanding access to financial services.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Guinea-Bissau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and institutions to monitor the growth of financial infrastructure and identify areas for improvement in banking access and financial inclusion across Guinea-Bissau.
Q: Are there update delays or limitations?
A: There may be delays in reporting the latest ATM figures from Guinea-Bissau, and the data may not capture all informal or unregistered ATMs in remote areas.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Guinea-Bissau (GNBFCACNUM), retrieved from FRED.