Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Switzerland
CHEFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,424.00
Year-over-Year Change
-3.53%
Date Range
1/1/2004 - 1/1/2023
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Switzerland' trend measures the total number of ATMs installed across Switzerland. This data is valuable for understanding the accessibility and penetration of banking services 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
This trend represents the total count of ATMs deployed throughout Switzerland. It provides insight into the geographical footprint and outreach of the Swiss banking system, which is an important factor in financial inclusion and access to basic banking services for the population.
Methodology
The data is collected and reported by the Swiss National Bank.
Historical Context
Policymakers and financial institutions use this metric to assess the availability and distribution of ATM infrastructure across Switzerland.
Key Facts
- Switzerland has one of the highest ATM densities in the world.
- The number of ATMs in Switzerland has grown steadily over the past decade.
- ATM accessibility is considered an important component of financial inclusion in Switzerland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) installed across Switzerland, providing insight into the geographical outreach and accessibility of banking services.
Q: Why is this trend relevant for users or analysts?
A: The number of ATMs in a country is an important indicator of financial inclusion and the overall accessibility of banking services for the population.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Swiss National Bank.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this metric to assess the availability and distribution of ATM infrastructure across Switzerland, which informs decisions about financial inclusion and access to banking services.
Q: Are there update delays or limitations?
A: The data is published with a relatively short delay, and the metric provides a comprehensive view of ATM coverage across Switzerland.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Switzerland (CHEFCACNUM), retrieved from FRED.