Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Dominican Republic
DOMFCACLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,611.00
Year-over-Year Change
22.14%
Date Range
1/1/2011 - 1/1/2015
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Dominican Republic' trend tracks the total number of ATMs located in the three most populous cities in the Dominican Republic. This metric is a key indicator of financial access and distribution of banking services across 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 data series measures the total count of ATMs in the three largest cities in the Dominican Republic - Santo Domingo, Santiago de los Caballeros, and La Romana. The number of ATMs per capita is an important economic indicator, as it reflects the availability and geographic spread of financial services for individuals and businesses.
Methodology
The data is collected by the Central Bank of the Dominican Republic through surveys of financial institutions.
Historical Context
Policymakers and economists use this ATM distribution metric to assess the inclusiveness and development of the Dominican financial system.
Key Facts
- The Dominican Republic had 3,302 ATMs as of the latest data.
- Santo Domingo, the capital, had the most ATMs at 1,902.
- ATM density is highest in urban areas, reflecting uneven geographic coverage.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of automated teller machines (ATMs) located in the three largest cities in the Dominican Republic: Santo Domingo, Santiago de los Caballeros, and La Romana.
Q: Why is this trend relevant for users or analysts?
A: The number of ATMs per capita is an important indicator of financial access and the geographic distribution of banking services, which are key to economic development and financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of the Dominican Republic through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this ATM distribution metric to assess the inclusiveness and development of the Dominican financial system.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in ATM availability across the three largest cities.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Dominican Republic (DOMFCACLNUM), retrieved from FRED.