Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Aruba

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

Latest Value

50.00

Year-over-Year Change

-47.06%

Date Range

1/1/2011 - 1/1/2023

Summary

This economic trend measures the density of commercial bank branches per 1,000 square kilometers in Aruba. It provides insights into the geographical accessibility of banking services and financial inclusion within 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: Key Indicators Commercial Bank Branches Per 1000 Km2 for Aruba metric tracks the distribution and proliferation of physical banking infrastructure across the island nation. This data point is used by economists and policymakers to assess the breadth of financial services coverage and identify underserved regions.

Methodology

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

Historical Context

This metric informs financial sector development and financial inclusion policies.

Key Facts

  • Aruba has a total land area of 193 square kilometers.
  • The number of commercial bank branches per 1,000 square kilometers in Aruba was 72.9 in 2021.
  • Aruba has a population of over 110,000 people.

FAQs

Q: What does this economic trend measure?

A: This trend measures the density of commercial bank branches per 1,000 square kilometers in Aruba, providing insights into the geographical accessibility of banking services.

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

A: This metric is relevant for understanding financial inclusion and the development of the banking sector in Aruba.

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: This trend informs financial sector development and financial inclusion policies in Aruba.

Q: Are there update delays or limitations?

A: The data is published regularly by the Central Bank of Aruba, but may be subject to typical reporting delays.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Aruba (ABWFCBODCKNUM), retrieved from FRED.