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

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

Latest Value

5,087.00

Year-over-Year Change

-13.25%

Date Range

1/1/2004 - 1/1/2024

Summary

This economic trend measures the total number of automated teller machines (ATMs) across Bulgaria. It provides valuable insights into the country's financial infrastructure and accessibility of 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

The Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Bulgaria series tracks the total count of ATMs operating nationwide. This metric is used by economists and policymakers to assess the availability and penetration of financial services in the country.

Methodology

The data is collected by the Bulgarian National Bank through surveys of financial institutions.

Historical Context

Monitoring ATM deployment is crucial for understanding progress in financial inclusion and the expansion of banking services.

Key Facts

  • Bulgaria had over 5,000 ATMs nationwide as of the latest data.
  • ATM density in Bulgaria is higher in urban areas compared to rural regions.
  • The number of ATMs in Bulgaria has grown steadily over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of automated teller machines (ATMs) operating across Bulgaria. It provides an indicator of the country's financial infrastructure and accessibility of banking services.

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

A: Monitoring ATM deployment is crucial for understanding progress in financial inclusion and the expansion of banking services within Bulgaria.

Q: How is this data collected or calculated?

A: The data is collected by the Bulgarian National Bank through surveys of financial institutions operating in the country.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to assess the availability and penetration of financial services across Bulgaria, which informs decisions about infrastructure investment and financial inclusion initiatives.

Q: Are there update delays or limitations?

A: The data is published with a short delay, typically a few months after the end of the reference period. There may be some limitations in capturing ATMs operated by smaller or unlicensed financial providers.

Related Trends

Citation

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