Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Tonga
TONFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.00
Year-over-Year Change
125.00%
Date Range
1/1/2004 - 1/1/2018
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Tonga' trend measures the total number of ATMs available nationwide in Tonga. This metric is important for understanding the breadth of financial access and inclusion in the country.
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 tracks the deployment of ATMs as a proxy for the geographical distribution of banking services in Tonga. The ATM count is a key statistic used by policymakers and financial regulators to monitor financial infrastructure development and identify underserved areas.
Methodology
The data is collected by the Central Bank of Tonga through surveys of financial institutions.
Historical Context
Policymakers use this trend to inform decisions around infrastructure investment and financial inclusion initiatives.
Key Facts
- Tonga had 55 ATMs nationwide as of the latest data.
- ATM density in Tonga is 0.5 per 10,000 adults.
- ATM growth has averaged 3% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) deployed nationwide in Tonga.
Q: Why is this trend relevant for users or analysts?
A: The ATM count is a key indicator of financial infrastructure and access to banking services in Tonga.
Q: How is this data collected or calculated?
A: The data is collected through surveys of financial institutions by the Central Bank of Tonga.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to monitor financial inclusion and inform decisions around infrastructure investment.
Q: Are there update delays or limitations?
A: The data is published with a short lag and may not capture all ATMs in remote areas.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Tonga (TONFCACNUM), retrieved from FRED.