Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for India
INDFCAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.96
Year-over-Year Change
184.14%
Date Range
1/1/2005 - 1/1/2023
Summary
The 'Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for India' trend measures the density of automated teller machines (ATMs) per 100,000 adults in India, providing insights into the country's financial inclusion and access to banking services.
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 metric tracks the availability of ATMs as a key indicator of a country's financial infrastructure and reach. It is used by economists, policymakers, and financial institutions to assess India's progress in expanding banking services and digital financial access to its adult population.
Methodology
The data is collected and reported by the Reserve Bank of India, the country's central banking institution.
Historical Context
This trend is relevant for evaluating India's financial inclusion policies and the development of its banking and payments ecosystem.
Key Facts
- India had 22.4 ATMs per 100,000 adults in 2020.
- ATM density increased from 18.7 per 100,000 adults in 2015.
- Rural areas have lower ATM penetration compared to urban centers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the density of automated teller machines (ATMs) per 100,000 adults in India, providing insights into the country's financial infrastructure and access to banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating India's progress in expanding financial inclusion and digital banking access to its adult population, which is a key policy objective.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Reserve Bank of India, the country's central banking institution.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and financial institutions to assess the development of India's banking and payments ecosystem and the effectiveness of financial inclusion initiatives.
Q: Are there update delays or limitations?
A: The data is published annually by the Reserve Bank of India, so there may be a delay in the most recent information being available.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for India (INDFCAANUM), retrieved from FRED.