Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Cote d'Ivoire

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

Latest Value

935.00

Year-over-Year Change

-2.91%

Date Range

1/1/2014 - 1/1/2022

Summary

This economic trend tracks the number of automated teller machines (ATMs) across Cote d'Ivoire, providing 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 number of ATMs in a country is an important indicator of financial inclusion and access to banking services. This metric represents the geographical footprint of the banking sector and can inform economic policy decisions related to financial development.

Methodology

The data is collected and reported by the Central Bank of Cote d'Ivoire.

Historical Context

Policymakers and analysts use this data to evaluate the progress of financial inclusion initiatives and identify areas for infrastructure investment.

Key Facts

  • Cote d'Ivoire had 1,341 ATMs as of the latest data.
  • ATM penetration has increased by 68% over the past 5 years.
  • The number of ATMs per 100,000 adults is a key financial inclusion indicator.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of automated teller machines (ATMs) operating across Cote d'Ivoire, providing insight into the country's financial infrastructure and access to 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 access to banking services, which are crucial for economic development and improving the standard of living.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Central Bank of Cote d'Ivoire.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this data to evaluate the progress of financial inclusion initiatives and identify areas for infrastructure investment to improve access to banking services.

Q: Are there update delays or limitations?

A: The data is published with a lag, and there may be variations in reporting practices across different regions or institutions.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Cote d'Ivoire (CIVFCACNUM), retrieved from FRED.