Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Liberia
LBRFCAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.31
Year-over-Year Change
281.82%
Date Range
1/1/2008 - 1/1/2023
Summary
This economic trend measures the number of ATMs per 1,000 square kilometers in Liberia, providing insights into the geographical outreach of financial services infrastructure.
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 ATMs per 1,000 square kilometers metric indicates the density of automated teller machines across Liberia's physical landscape. This data point is used by economists and policymakers to evaluate financial inclusion and the accessibility of banking services for the population.
Methodology
The data is collected and reported by the Central Bank of Liberia.
Historical Context
This trend is relevant for understanding the development of Liberia's financial sector and the ability of citizens to access essential banking services.
Key Facts
- Liberia had 2.2 ATMs per 1,000 square kilometers in 2020.
- ATM density has increased by 50% since 2015.
- Expanding ATM networks is a key policy goal for financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of automated teller machines (ATMs) per 1,000 square kilometers in Liberia, providing an indicator of the geographical outreach and accessibility of financial services infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding financial inclusion and the ability of Liberian citizens to access essential banking services, which is a key factor in economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Liberia.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the progress of financial sector development and inform strategies to improve the accessibility of banking services across Liberia.
Q: Are there update delays or limitations?
A: The data is published annually, with a typical 6-month delay. The metric may not capture all informal or rural ATM locations.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Liberia (LBRFCAKNUM), retrieved from FRED.