Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Ecuador
ECUFCAANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.49
Year-over-Year Change
99.77%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic indicator tracks the number of Automated Teller Machines (ATMs) per 100,000 adults in Ecuador. It provides insights into the availability and accessibility of financial services infrastructure 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
The ATMs per 100,000 adults metric is a key indicator of financial inclusion and geographical outreach of banking services. It measures the density of ATM infrastructure, which is important for assessing the ease of access to cash withdrawals and other basic financial transactions for the adult population.
Methodology
The data is collected and calculated by the World Bank using information from national sources and household surveys.
Historical Context
Policymakers and financial institutions use this indicator to monitor progress in expanding financial access and identify underserved regions.
Key Facts
- Ecuador had 42.13 ATMs per 100,000 adults in 2017.
- ATM density in Ecuador is lower than the Latin American average.
- Improving financial inclusion is a key policy goal in Ecuador.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of Automated Teller Machines (ATMs) per 100,000 adults in Ecuador. It provides insights into the availability and accessibility of financial services infrastructure 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 geographical outreach of banking services. It helps assess the ease of access to basic financial transactions for the adult population.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information from national sources and household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this indicator to monitor progress in expanding financial access and identify underserved regions in Ecuador.
Q: Are there update delays or limitations?
A: The data is updated periodically by the World Bank, but there may be delays in reporting from national sources.
Related Trends
Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Ecuador
ECUFCBODCANUM
Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Ecuador
ECUFCBODUKNUM
Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Ecuador
ECUFCLOFINPXDC
Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Ecuador
ECUFCSODCGGDPPT
Bank Credit to Bank Deposits for Ecuador
DDSI04ECA156NWDB
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Ecuador
DDOI12ECA156NWDB
Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Ecuador (ECUFCAANUM), retrieved from FRED.