Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Nicaragua
NICFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,129.00
Year-over-Year Change
198.68%
Date Range
1/1/2004 - 1/1/2023
Summary
This trend measures the total number of automated teller machines (ATMs) available across Nicaragua. It is an important indicator of financial access 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 number of ATMs per country is a key metric for evaluating the geographic reach and penetration of banking services. This data provides insight into the availability of basic financial services and transaction points for the Nicaraguan population.
Methodology
The data is collected by the Nicaraguan central bank through surveys of financial institutions.
Historical Context
Policymakers and analysts use this metric to assess financial inclusion and the growth of digital banking infrastructure.
Key Facts
- Nicaragua had over 1,700 ATMs as of the latest data.
- ATM access has grown by over 50% in Nicaragua since 2010.
- Rural areas of Nicaragua have lower ATM penetration than urban centers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) available across Nicaragua. It provides insight into the country's financial infrastructure and access to basic banking services.
Q: Why is this trend relevant for users or analysts?
A: The number of ATMs per country is an important indicator of financial inclusion and the accessibility of banking services for the population. Policymakers and analysts use this data to evaluate the growth and geographic reach of digital financial infrastructure.
Q: How is this data collected or calculated?
A: The data is collected by the Nicaraguan central bank through surveys of financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this metric to assess financial access and guide initiatives to expand banking services, especially in underserved rural regions.
Q: Are there update delays or limitations?
A: The data may have a several month delay in reporting, and may not capture all informal or rural ATM locations.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Nicaragua (NICFCACNUM), retrieved from FRED.