Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Liberia
LBRFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.00
Year-over-Year Change
281.82%
Date Range
1/1/2008 - 1/1/2023
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Liberia' trend measures the total number of ATMs operating across Liberia. This data point 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 series tracks the total count of ATMs installed and active throughout Liberia. It provides insight into the geographic distribution and penetration of financial infrastructure, which is a key indicator of economic development and financial access for individuals and businesses.
Methodology
The data is collected through surveys and reporting from the Central Bank of Liberia.
Historical Context
Policymakers and financial institutions use this metric to assess progress on financial inclusion initiatives and identify underserved regions.
Key Facts
- Liberia had 305 ATMs as of the latest data point.
- ATM penetration is higher in urban areas compared to rural regions.
- The number of ATMs has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) installed and operating across Liberia.
Q: Why is this trend relevant for users or analysts?
A: The number of ATMs is an important indicator of financial inclusion and access to banking services, which are crucial for economic development.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from the Central Bank of Liberia.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this metric to assess progress on financial inclusion initiatives and identify underserved regions.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all ATMs operating in remote or informal areas.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Liberia (LBRFCACNUM), retrieved from FRED.