Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Luxembourg
LUXFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
428.00
Year-over-Year Change
-5.73%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the total number of automated teller machines (ATMs) located across Luxembourg. It is an important indicator of financial access and infrastructure 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), Country Wide for Luxembourg series tracks the total count of ATM locations nationwide. It provides insights into the availability and distribution of basic financial services for individuals and businesses.
Methodology
The data is collected and reported by the Central Bank of Luxembourg.
Historical Context
Policymakers and analysts use this metric to assess the development of Luxembourg's financial sector and banking system.
Key Facts
- Luxembourg has one of the highest ATM densities per capita in the world.
- The ATM network in Luxembourg has grown steadily over the past two decades.
- ATM access is an important factor in financial inclusion and economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) located across the country of Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: The ATM count is an important indicator of financial infrastructure and access to basic banking services for individuals and businesses in Luxembourg.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Luxembourg.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the development of Luxembourg's financial sector and banking system.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis with minimal delays, providing timely insights into Luxembourg's ATM network.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Luxembourg (LUXFCACNUM), retrieved from FRED.