Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Norway
NORFCAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.21
Year-over-Year Change
-46.62%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of automated teller machines (ATMs) per 1,000 square kilometers in Norway. It provides insights into the geographical outreach and accessibility of financial 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
The Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Norway metric tracks the density of ATM infrastructure across the Norwegian landscape. This data point is used by economists and policymakers to evaluate the financial inclusion and accessibility for citizens, especially in rural or remote areas.
Methodology
The data is collected and calculated by the Norwegian central bank, Norges Bank, based on surveys of financial institutions operating in the country.
Historical Context
This metric is relevant for understanding the state of financial services infrastructure and potential barriers to banking access across Norway.
Key Facts
- Norway has one of the highest ATM densities in Europe.
- ATM access varies significantly between urban and rural areas.
- Increasing ATM availability is a policy priority 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 Norway, providing insights into the geographical outreach and accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating financial inclusion and access to banking services, especially in rural or remote areas of Norway.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Norwegian central bank, Norges Bank, based on surveys of financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand the state of financial services infrastructure and potential barriers to banking access across Norway.
Q: Are there update delays or limitations?
A: The data is published regularly by Norges Bank, but there may be some delay in reporting compared to real-time ATM activity.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Norway (NORFCAKNUM), retrieved from FRED.