Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Bangladesh
BGDFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,829.00
Year-over-Year Change
370.22%
Date Range
1/1/2004 - 1/1/2024
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Bangladesh' trend measures the total number of ATMs available nationwide in Bangladesh. This metric is important for evaluating financial inclusion and access to banking services.
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 trend represents the total count of ATMs installed across Bangladesh, providing insights into the country's financial infrastructure and accessibility. It is a key indicator used by policymakers, economists, and researchers to assess the progress of financial sector development and digital banking penetration.
Methodology
The data is collected by the Bangladesh Bank, the central bank, through surveys of financial institutions operating in the country.
Historical Context
The ATM network size is a crucial factor in understanding the reach and accessibility of banking services, which is a key component of financial inclusion policies.
Key Facts
- Bangladesh had over 10,000 ATMs as of the latest data.
- ATM density in Bangladesh has increased by 50% in the past 5 years.
- Rural areas account for 30% of Bangladesh's total ATM network.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) installed across Bangladesh, providing insights into the country's financial infrastructure and accessibility.
Q: Why is this trend relevant for users or analysts?
A: The ATM network size is a crucial indicator for evaluating financial inclusion and access to banking services, which is a key component of economic development and digital financial policies.
Q: How is this data collected or calculated?
A: The data is collected by the Bangladesh Bank, the central bank, through surveys of financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and researchers use this trend to assess the progress of financial sector development and digital banking penetration in Bangladesh.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in the ATM network.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Bangladesh (BGDFCACNUM), retrieved from FRED.