Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Lesotho
LSOFCAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.08
Year-over-Year Change
108.74%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of ATMs per 1,000 square kilometers in Lesotho, providing insights into the country's financial inclusion and accessibility.
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 ATMs per 1,000 square kilometers metric indicates the density of automated teller machines across Lesotho's geographic area, which is an important indicator of financial infrastructure and access for the population.
Methodology
The data is collected by the International Monetary Fund and calculated as the total number of ATMs divided by Lesotho's land area in square kilometers.
Historical Context
This metric is used by policymakers and financial institutions to evaluate financial inclusion and guide strategies for expanding banking services.
Key Facts
- Lesotho has an area of 30,355 square kilometers.
- In 2020, there were 51.71 ATMs per 1,000 square kilometers in Lesotho.
- Access to financial services is a key development goal for Lesotho.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of automated teller machines (ATMs) per 1,000 square kilometers in Lesotho, providing an indicator of financial infrastructure and accessibility.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating financial inclusion and guiding strategies to expand banking services and access to the population in Lesotho.
Q: How is this data collected or calculated?
A: The data is collected by the International Monetary Fund and calculated as the total number of ATMs divided by Lesotho's land area in square kilometers.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this metric to assess financial inclusion and develop strategies to improve access to banking services across Lesotho.
Q: Are there update delays or limitations?
A: The data is published annually by the International Monetary Fund, so there may be a delay in the most recent information being available.
Related Trends
Gross Domestic Product for Lesotho
MKTGDPLSA646NWDB
Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Lesotho
LSOFCIOFMFNNUM
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Lesotho
LSOFCSODCXDC
Geographical Outreach: Number of Institutions, Other Depository Corporations for Lesotho
LSOFCIODNUM
Use of Financial Services: Key Indicators Registered Mobile Money Accounts Per 1000 Adults for Lesotho
LSOFCMARANUM
Infant Mortality Rate for Lesotho
SPDYNIMRTINLSO
Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Lesotho (LSOFCAKNUM), retrieved from FRED.