Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Congo
COGFCACLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
206.00
Year-over-Year Change
5050.00%
Date Range
1/1/2004 - 1/1/2015
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Congo' series tracks the total number of ATMs located in the three most populous cities in Congo. This metric is an important indicator of financial access and infrastructure development.
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 series provides data on the presence of ATMs, which are a key component of financial inclusion and access to banking services. The number of ATMs in major urban centers is a proxy for the geographical distribution of financial services and can inform policymakers and analysts about progress in financial sector development.
Methodology
The data is collected through surveys and reporting from financial institutions and regulatory authorities.
Historical Context
This metric is relevant for understanding the development of Congo's financial system and evaluating policies aimed at expanding financial access.
Key Facts
- Congo has a population of over 84 million people.
- The three largest cities in Congo are Kinshasa, Lubumbashi, and Mbuji-Mayi.
- ATMs are a crucial access point for banking services in developing economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) located in the three largest cities in Congo.
Q: Why is this trend relevant for users or analysts?
A: The number of ATMs in major urban centers is an important indicator of financial inclusion and access to banking services, which are crucial for economic development.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from financial institutions and regulatory authorities in Congo.
Q: How is this trend used in economic policy?
A: This metric is relevant for understanding the development of Congo's financial system and evaluating policies aimed at expanding financial access and inclusion.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays and may not capture the full picture of ATM availability in smaller cities or rural areas.
Related Trends
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DDDM06CGA156NWDB
U.S. Exports of Goods by F.A.S. Basis to Republic of Congo
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Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Congo
IDS1YMAORIAICG
Inflation, consumer prices for the Republic of the Congo
FPCPITOTLZGCOG
Value of Exports to Congo from Maryland
MDCOGA052SCEN
Outstanding Total International Debt Securities to GDP for Congo
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Congo (COGFCACLNUM), retrieved from FRED.