Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for West Bank and Gaza
WBGFCAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.49
Year-over-Year Change
95.08%
Date Range
1/1/2006 - 1/1/2023
Summary
This indicator measures the number of automated teller machines (ATMs) per 1,000 square kilometers in the West Bank and Gaza, providing insights into the geographic coverage 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 Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for West Bank and Gaza data series tracks the density of ATM infrastructure, which is a crucial component of financial inclusion and access to banking services. This metric is used by policymakers and economists to assess the progress of financial sector development in the region.
Methodology
The data is collected and compiled by the World Bank based on reports from national authorities.
Historical Context
This indicator is relevant for understanding the state of financial services infrastructure and accessibility in the West Bank and Gaza, which is important for economic growth and financial stability.
Key Facts
- The average ATM density in West Bank and Gaza was 13.33 per 1,000 km2 in 2020.
- ATM density has increased by 38% in the West Bank and Gaza since 2010.
- Financial inclusion remains a challenge, with only 24% of adults in the region having a bank account.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the number of automated teller machines (ATMs) per 1,000 square kilometers in the West Bank and Gaza, providing insights into the geographic coverage of financial services in the region.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the state of financial services infrastructure and accessibility in the West Bank and Gaza, which is important for economic growth and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the World Bank based on reports from national authorities.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers and economists to assess the progress of financial sector development in the West Bank and Gaza.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be lags in reporting from national sources.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for West Bank and Gaza (WBGFCAKNUM), retrieved from FRED.