Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Saudi Arabia
SAUFCAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58.04
Year-over-Year Change
5.59%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of ATMs per 100,000 adults in Saudi Arabia, providing insights into the country's financial infrastructure and access to banking services.
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 100,000 adults indicator reflects the availability and geographic distribution of automated teller machines, which are crucial for cash withdrawals, deposits, and other basic banking transactions. This metric is used to evaluate financial inclusion and the development of a country's financial system.
Methodology
The data is collected and reported by the Saudi Arabian Monetary Authority (SAMA).
Historical Context
Policymakers and financial institutions utilize this indicator to assess the accessibility and penetration of banking services across Saudi Arabia.
Key Facts
- Saudi Arabia had 72.2 ATMs per 100,000 adults in 2020.
- The number of ATMs in Saudi Arabia has grown by 75% since 2010.
- Access to ATMs is higher in urban areas compared to rural regions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of automated teller machines (ATMs) per 100,000 adults in Saudi Arabia, providing insights into the country's financial infrastructure and access to banking services.
Q: Why is this trend relevant for users or analysts?
A: The ATMs per 100,000 adults indicator is used to evaluate financial inclusion and the development of a country's financial system, which is crucial for understanding economic growth and access to banking services.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Saudi Arabian Monetary Authority (SAMA).
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions utilize this indicator to assess the accessibility and penetration of banking services across Saudi Arabia, which informs decisions and policies related to financial inclusion and economic development.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be some delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Saudi Arabia (SAUFCAANUM), retrieved from FRED.