Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Lao People's Democratic Republic
LAOFCACLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
464.00
Year-over-Year Change
-2.32%
Date Range
1/1/2013 - 1/1/2014
Summary
This trend measures the number of automated teller machines (ATMs) in the 3 largest cities of Lao People's Democratic Republic. It provides insights into the accessibility of financial services and infrastructure development 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
The Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Lao People's Democratic Republic trend tracks the total count of ATMs located in the 3 most populous urban areas. This metric is used to analyze financial inclusion and the expansion of banking services across the Lao PDR economy.
Methodology
The data is collected through surveys and reports from Lao PDR's central bank and financial institutions.
Historical Context
Policymakers and economists monitor this trend to assess financial access and identify underserved regions for targeted infrastructure investments.
Key Facts
- Lao PDR has a population of over 7 million.
- The 3 largest cities are Vientiane, Savannakhet, and Pakse.
- ATM access varies significantly between urban and rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of automated teller machines (ATMs) located in the 3 most populous cities in Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: The ATM count provides insights into the accessibility of financial services and infrastructure development across Lao PDR, which is crucial for understanding financial inclusion and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from Lao PDR's central bank and financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess financial access and identify underserved regions for targeted infrastructure investments.
Q: Are there update delays or limitations?
A: The data may have a lag in reporting and may not capture all ATMs, particularly in remote areas.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Lao People's Democratic Republic (LAOFCACLNUM), retrieved from FRED.