Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Argentina
ARGFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,621.00
Year-over-Year Change
100.01%
Date Range
1/1/2004 - 1/1/2024
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Argentina' series measures the total number of ATMs installed across Argentina. This provides insight into the physical banking infrastructure and financial access for consumers.
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 availability of ATMs as a proxy for the geographical spread and penetration of banking services in Argentina. It is used by policymakers and analysts to assess financial inclusion and the development of the country's financial system.
Methodology
The data is collected by the Argentine Central Bank through surveys of financial institutions.
Historical Context
The ATM count is relevant for evaluating financial access and the expansion of banking services, which are important for economic growth and development.
Key Facts
- Argentina had over 18,000 ATMs as of the latest data.
- ATM density in Argentina is around 40 per 100,000 adults.
- ATM growth has accelerated in Argentina in recent years.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of automated teller machines (ATMs) installed across Argentina, providing a measure of the geographic outreach and physical banking infrastructure in the country.
Q: Why is this trend relevant for users or analysts?
A: The ATM count is an important metric for assessing financial inclusion and the development of Argentina's banking system, which are key factors for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected by the Argentine Central Bank through surveys of financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this ATM data to evaluate the geographic spread and accessibility of banking services, which informs policies aimed at promoting financial inclusion and deepening the financial system.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all ATMs installed, particularly in remote or rural areas.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Argentina (ARGFCACNUM), retrieved from FRED.