Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Aruba

ABWFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

100.00

Year-over-Year Change

2.04%

Date Range

1/1/2011 - 1/1/2024

Summary

This economic trend measures the total number of automated teller machines (ATMs) available nationwide in Aruba. It provides insights into the accessibility and reach of financial services infrastructure in the country.

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: Number of Automated Teller Machines (ATMs), Country Wide for Aruba metric tracks the total count of ATM devices installed across Aruba. This data point is used by economists and policymakers to assess the breadth of financial inclusion and access to basic banking services for the population.

Methodology

The data is collected and reported by the Central Bank of Aruba.

Historical Context

Trends in ATM availability are relevant for understanding financial sector development and the expansion of digital banking infrastructure.

Key Facts

  • Aruba had over 300 ATMs as of the latest data.
  • ATM density in Aruba is higher than the global average.
  • The number of ATMs per capita in Aruba exceeds that of many developed economies.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of automated teller machines (ATMs) available nationwide in Aruba, providing insights into the accessibility and reach of financial services infrastructure in the country.

Q: Why is this trend relevant for users or analysts?

A: Trends in ATM availability are relevant for understanding financial sector development and the expansion of digital banking infrastructure, which are important factors for economic growth and financial inclusion.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Central Bank of Aruba.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this data to assess the breadth of financial inclusion and access to basic banking services for the Aruban population, which informs decisions on financial sector regulations and development initiatives.

Q: Are there update delays or limitations?

A: The data is reported on a regular basis by the Central Bank of Aruba, but there may be some delays in availability due to the time required for data collection and reporting.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Aruba (ABWFCACNUM), retrieved from FRED.