Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for St. Lucia
SLAFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.00
Year-over-Year Change
6.25%
Date Range
1/1/2004 - 1/1/2024
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for St. Lucia' metric tracks the total number of ATMs installed across St. Lucia, providing insights 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
This economic indicator measures the geographic distribution and availability of ATMs as a proxy for financial inclusion and accessibility within St. Lucia. It is used by policymakers, economists, and financial analysts to assess the development and penetration of banking services across the country.
Methodology
The data is collected by the Central Bank of St. Lucia through surveys of financial institutions.
Historical Context
This metric is relevant for evaluating financial sector development and identifying underserved areas that may require policy interventions.
Key Facts
- St. Lucia had 78 ATMs installed as of the latest data.
- ATM density in St. Lucia is 4.3 per 10,000 adults.
- ATM access has increased by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of automated teller machines (ATMs) installed across St. Lucia, providing insights into the country's financial infrastructure and accessibility.
Q: Why is this trend relevant for users or analysts?
A: This indicator is used by policymakers, economists, and financial analysts to assess the development and penetration of banking services across St. Lucia, which is crucial for evaluating financial inclusion and identifying underserved areas.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of St. Lucia through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: This metric is relevant for evaluating financial sector development and identifying underserved areas that may require policy interventions to improve financial accessibility and inclusion.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all ATMs, especially in remote or informal locations.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for St. Lucia (SLAFCACNUM), retrieved from FRED.