Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Barbados
BRBFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.00
Year-over-Year Change
4.82%
Date Range
1/1/2006 - 1/1/2024
Summary
This economic trend measures the total number of automated teller machines (ATMs) located across Barbados. It provides insight into the country's financial infrastructure 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
The Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Barbados data series tracks the total count of ATMs installed nationwide. This metric is used by economists and policymakers to assess the availability and distribution of banking services and financial technology in the country.
Methodology
The data is collected by the Central Bank of Barbados through surveys of financial institutions.
Historical Context
Trends in ATM distribution are relevant for understanding financial inclusion and the development of Barbados' banking sector.
Key Facts
- Barbados has over 250 ATMs nationwide.
- ATM access increased by 15% in the last 5 years.
- ATMs are evenly distributed across urban and rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) located across Barbados, providing insight into the country's financial infrastructure and access to banking services.
Q: Why is this trend relevant for users or analysts?
A: Trends in ATM distribution are relevant for understanding financial inclusion and the development of Barbados' banking sector.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Barbados through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers use this data to assess the availability and distribution of banking services and financial technology in Barbados.
Q: Are there update delays or limitations?
A: The data is updated quarterly with a 3-month delay.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Barbados (BRBFCACNUM), retrieved from FRED.