Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Congo
CODFCAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.40
Year-over-Year Change
1328.63%
Date Range
1/1/2009 - 1/1/2018
Summary
The 'Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Congo' metric tracks the availability of automated teller machines (ATMs) per 100,000 adults in the Democratic Republic of the Congo. This measure provides insight into the level of financial inclusion and access to banking services in 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 indicator represents the number of ATMs per 100,000 adults in the Democratic Republic of the Congo. It is an important metric for evaluating the geographic reach and penetration of financial services infrastructure, which is crucial for fostering financial inclusion and enabling greater access to banking, credit, and other financial products for the population.
Methodology
The data is collected and reported by the World Bank as part of its Global Financial Inclusion (Global Findex) database.
Historical Context
Policymakers and financial sector analysts use this metric to assess progress in expanding access to financial services and driving financial inclusion in the Congolese economy.
Key Facts
- The latest value for Congo's ATMs per 100,000 adults is 4.36 (2017).
- Congo's ATM density is significantly lower than the Sub-Saharan Africa regional average of 18.6 per 100,000 adults.
- Increasing ATM infrastructure is a key priority for expanding financial inclusion in the Democratic Republic of the Congo.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of automated teller machines (ATMs) per 100,000 adults in the Democratic Republic of the Congo. It provides insight into the geographic coverage and accessibility of banking services in the country.
Q: Why is this trend relevant for users or analysts?
A: The ATMs per 100,000 adults metric is an important measure of financial inclusion and the penetration of banking infrastructure. It helps policymakers and analysts assess progress in expanding access to financial services across the Congolese population.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Global Financial Inclusion (Global Findex) database.
Q: How is this trend used in economic policy?
A: Policymakers and financial sector analysts use this metric to evaluate the expansion of banking infrastructure and monitor progress towards greater financial inclusion in the Democratic Republic of the Congo.
Q: Are there update delays or limitations?
A: The World Bank updates this indicator on a periodic basis, typically with a 1-2 year lag. The data may not capture the most recent changes in ATM infrastructure in the country.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Congo (CODFCAANUM), retrieved from FRED.