Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Ecuador
ECUFCAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.72
Year-over-Year Change
157.36%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of ATMs per 1,000 square kilometers in Ecuador, providing insights into the geographical outreach and accessibility of financial 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
The ATMs per 1,000 km2 indicator offers a perspective on the physical distribution and coverage of automated teller machines, which are a crucial component of financial infrastructure. This metric is used by economists and policymakers to assess the level of financial inclusion and the availability of banking services across different regions.
Methodology
The data is collected by the Central Bank of Ecuador and calculated as the total number of ATMs divided by the country's total land area.
Historical Context
This indicator is relevant for understanding the development of Ecuador's financial system and informing policies aimed at improving financial access and inclusion.
Key Facts
- Ecuador had 10.7 ATMs per 1,000 km2 in 2020.
- ATM coverage varies significantly across Ecuador's regions.
- Improving ATM access is a key policy goal for financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of automated teller machines (ATMs) per 1,000 square kilometers in Ecuador, providing insights into the geographical distribution and accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for understanding the development of Ecuador's financial system and informing policies aimed at improving financial access and inclusion across the country.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Ecuador and calculated as the total number of ATMs divided by the country's total land area.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to assess the level of financial inclusion and the availability of banking services across different regions in Ecuador, informing policies to improve financial access.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Ecuador, but there may be occasional delays or limitations in data collection and reporting.
Related Trends
Use of Financial Services: Number of Depositors at Other Depository Corporations for Ecuador
ECUFCDODPENUM
General Government Gross Debt for Ecuador
ECUGGXWDGGDP
Number of Identified Exporters to Ecuador from Colorado
COECUA475SCEN
Fertility Rate, Total for Ecuador
SPDYNTFRTINECU
Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Ecuador
ECUFCBODMFNUM
Number of Identified Exporters to Ecuador from District of Columbia
DCECUA475SCEN
Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Ecuador (ECUFCAKNUM), retrieved from FRED.