Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for St. Vincent and the Grenadines
SVGFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.00
Year-over-Year Change
87.50%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of automated teller machines (ATMs) across St. Vincent and the Grenadines. It provides insight into the country's financial infrastructure and accessibility of 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 Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for St. Vincent and the Grenadines data series tracks the total count of ATMs installed throughout the country. It serves as an indicator of the breadth of financial services and ease of access to banking for individuals and businesses.
Methodology
The data is collected and reported by the St. Vincent and the Grenadines central bank.
Historical Context
This metric is useful for policymakers, financial institutions, and economic analysts to assess the development and inclusion of the country's financial system.
Key Facts
- St. Vincent and the Grenadines had 74 ATMs as of the latest data.
- The number of ATMs has grown by 18% over the past 5 years.
- ATM access varies across the country's islands and rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) installed across St. Vincent and the Grenadines. It provides insight into the country's financial infrastructure and accessibility of banking services.
Q: Why is this trend relevant for users or analysts?
A: The ATM count is an important indicator of financial inclusion and development. It helps policymakers, financial institutions, and economists assess the reach and accessibility of banking services in the country.
Q: How is this data collected or calculated?
A: The data is collected and reported by the central bank of St. Vincent and the Grenadines.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this metric to evaluate the state of financial infrastructure and identify areas that may require improved access to banking services and digital payments.
Q: Are there update delays or limitations?
A: The data is published with a few months' delay and may not capture the most recent changes in ATM availability across the country.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for St. Vincent and the Grenadines (SVGFCACNUM), retrieved from FRED.