Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Comoros

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

Latest Value

21.49

Year-over-Year Change

37.93%

Date Range

1/1/2004 - 1/1/2023

Summary

This economic trend measures the number of ATMs per 1,000 square kilometers in Comoros, providing insights into the country's financial infrastructure and accessibility.

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 ATMs per 1,000 square kilometers metric offers a geographical perspective on the availability of banking services and the penetration of financial technology in Comoros. This indicator is used by economists and policymakers to evaluate financial inclusion and the reach of the banking system across the country.

Methodology

The data is collected and reported by the Central Bank of Comoros.

Historical Context

This trend is relevant for understanding Comoros' financial development and identifying areas for potential investment or policy interventions.

Key Facts

  • Comoros had 3.2 ATMs per 1,000 square kilometers in 2020.
  • ATM density is higher in urban areas compared to rural regions.
  • The government aims to increase financial inclusion through digital banking initiatives.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of ATMs per 1,000 square kilometers in Comoros, providing insights into the country's financial infrastructure and accessibility.

Q: Why is this trend relevant for users or analysts?

A: This indicator is used by economists and policymakers to evaluate financial inclusion and the reach of the banking system across Comoros, which is important for understanding the country's financial development and identifying areas for potential investment or policy interventions.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Central Bank of Comoros.

Q: How is this trend used in economic policy?

A: This trend is relevant for understanding Comoros' financial development and identifying areas for potential investment or policy interventions to improve financial inclusion and banking accessibility across the country.

Q: Are there update delays or limitations?

A: The data is published regularly by the Central Bank of Comoros, but there may be some delays in reporting or limitations in coverage, especially in remote or rural areas.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Comoros (COMFCAKNUM), retrieved from FRED.