Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Senegal
SENFCAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.09
Year-over-Year Change
29.79%
Date Range
1/1/2014 - 1/1/2023
Summary
This indicator tracks the number of automated teller machines (ATMs) per 100,000 adults in Senegal, providing insight into the country's financial inclusion 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 metric is a key indicator of a country's financial infrastructure and the accessibility of banking services for its population. It helps economists and policymakers assess progress in financial inclusion and the development of the banking sector.
Methodology
The data is collected by the International Monetary Fund (IMF) through national surveys and reports.
Historical Context
This indicator is used to benchmark Senegal's financial access against regional and global trends, informing policies to expand banking services.
Key Facts
- Senegal had 6.7 ATMs per 100,000 adults in 2021.
- ATM access in Senegal lags the sub-Saharan African average of 18.6 per 100,000.
- Expanding ATM infrastructure is a key policy priority for financial inclusion in Senegal.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of automated teller machines (ATMs) per 100,000 adults in Senegal, providing insight 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 metric is a key indicator of a country's financial inclusion and the accessibility of banking services for its population, informing policies to expand financial access.
Q: How is this data collected or calculated?
A: The data is collected by the International Monetary Fund (IMF) through national surveys and reports.
Q: How is this trend used in economic policy?
A: This indicator is used to benchmark Senegal's financial access against regional and global trends, helping policymakers develop strategies to improve banking infrastructure and promote financial inclusion.
Q: Are there update delays or limitations?
A: The data may have a delay of 1-2 years in reporting, and it may not capture informal or mobile banking services not included in official surveys.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Senegal (SENFCAANUM), retrieved from FRED.