Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Albania

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

Latest Value

33.76

Year-over-Year Change

14.91%

Date Range

1/1/2004 - 1/1/2023

Summary

The 'Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Albania' trend measures the density of automated teller machines (ATMs) per 1,000 square kilometers in Albania. This indicator provides insights into the physical accessibility of banking services across 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

This economic trend represents the spatial distribution of ATM infrastructure, which is a proxy for financial inclusion and the reach of the formal banking system. Policymakers and analysts use this data to assess the geographic coverage of financial services and identify areas that may lack adequate access.

Methodology

The data is collected by the Central Bank of Albania through surveys of financial institutions.

Historical Context

This metric is relevant for understanding financial market development and the degree of financial access across Albania's population and geography.

Key Facts

  • Albania had 24.2 ATMs per 1,000 sq km in 2020.
  • ATM density increased by 8% from 2015 to 2020.
  • Northern regions have lower ATM coverage than southern areas.

FAQs

Q: What does this economic trend measure?

A: This trend measures the density of automated teller machines (ATMs) per 1,000 square kilometers in Albania, providing insights into the geographic accessibility of banking services.

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

A: This metric is important for understanding financial inclusion and the reach of the formal banking system across Albania's population and geography.

Q: How is this data collected or calculated?

A: The data is collected by the Central Bank of Albania through surveys of financial institutions.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this data to assess the geographic coverage of financial services and identify areas that may lack adequate access.

Q: Are there update delays or limitations?

A: The data is published annually, and there may be some delays in reporting from financial institutions.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Albania (ALBFCAKNUM), retrieved from FRED.