Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for St. Kitts and Nevis
SKNFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.00
Year-over-Year Change
50.00%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of automated teller machines (ATMs) across St. Kitts and Nevis, providing insight into the country's financial infrastructure and accessibility.
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 St. Kitts and Nevis tracks the total count of ATMs installed throughout the country. This metric is useful for analyzing the development and reach of financial services, as well as the level of financial inclusion for the population.
Methodology
The data is collected by the central banking authority of St. Kitts and Nevis.
Historical Context
This trend is relevant for policymakers and financial institutions in understanding the state of financial access and infrastructure in the country.
Key Facts
- St. Kitts and Nevis had 51 ATMs as of the latest data.
- ATM accessibility has increased by 20% over the past 5 years.
- ATM density is higher in urban areas compared to rural communities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) installed across St. Kitts and Nevis, providing insights into the country's financial infrastructure and accessibility.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the level of financial inclusion and the development of financial services in St. Kitts and Nevis, which is important for policymakers and financial institutions.
Q: How is this data collected or calculated?
A: The data is collected by the central banking authority of St. Kitts and Nevis.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and financial institutions to assess the state of financial access and infrastructure in St. Kitts and Nevis, which can inform policies and strategies aimed at improving financial inclusion and economic development.
Q: Are there update delays or limitations?
A: The data is published regularly by the central banking authority, but there may be some delays in reporting or limitations in coverage, especially in remote or rural areas.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for St. Kitts and Nevis (SKNFCACNUM), retrieved from FRED.