Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Comoros
COMFCAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.54
Year-over-Year Change
1.91%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic indicator tracks the number of ATMs per 100,000 adults in Comoros, providing insights into the country's financial access and infrastructure.
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 100,000 Adults for Comoros' metric measures the availability and distribution of automated teller machines (ATMs) across the Comorian population. This data point is used by economists and policymakers to assess financial inclusion and the development of banking services.
Methodology
The data is collected and reported annually by the International Monetary Fund.
Historical Context
ATM accessibility is a key factor in financial inclusion and economic development.
Key Facts
- Comoros had 7.71 ATMs per 100,000 adults in 2020.
- ATM density in Comoros is well below the global average.
- Improving ATM access is a priority for increasing financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of automated teller machines (ATMs) per 100,000 adults in Comoros, providing insights into the country's financial infrastructure and access to banking services.
Q: Why is this trend relevant for users or analysts?
A: ATM accessibility is an important metric for evaluating financial inclusion and the development of banking services in Comoros. This data is used by economists and policymakers to identify areas for improvement in the country's financial infrastructure.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the International Monetary Fund.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess progress towards improving financial inclusion and access to banking services, which are key drivers of economic development.
Q: Are there update delays or limitations?
A: The data is reported annually, so there may be a one-year delay in the most recent figures. The data may also be limited by the availability of information from Comoros.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Comoros (COMFCAANUM), retrieved from FRED.