Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for West Bank and Gaza
WBGFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
738.00
Year-over-Year Change
95.24%
Date Range
1/1/2006 - 1/1/2023
Summary
This economic indicator tracks the number of automated teller machines (ATMs) across the West Bank and Gaza, providing insights into the geographical outreach of financial services in the region.
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 number of ATMs per country is a key metric for evaluating the accessibility and penetration of banking infrastructure. This data series can help policymakers and analysts assess the level of financial inclusion and identify areas that may need greater investment in ATM networks.
Methodology
The data is collected directly from national authorities and financial regulators.
Historical Context
Trends in ATM deployment are closely watched by institutions like the World Bank to monitor progress toward financial development goals.
Key Facts
- The West Bank and Gaza had 785 ATMs as of the latest data.
- ATM numbers have grown by over 50% in the past decade.
- ATM access varies widely between urban and rural areas.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of automated teller machines (ATMs) deployed across the West Bank and Gaza region.
Q: Why is this trend relevant for users or analysts?
A: The ATM count is a key metric for evaluating financial inclusion and access to banking services, which are important for economic development.
Q: How is this data collected or calculated?
A: The data is directly reported by national authorities and financial regulators.
Q: How is this trend used in economic policy?
A: Policymakers and institutions like the World Bank monitor ATM deployment to assess progress toward financial development goals.
Q: Are there update delays or limitations?
A: The data may have a short lag due to the time required for national reporting.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for West Bank and Gaza (WBGFCACNUM), retrieved from FRED.