Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Guinea

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

Latest Value

91.00

Year-over-Year Change

2175.00%

Date Range

1/1/2004 - 1/1/2015

Summary

The 'Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Guinea' series tracks the total count of ATMs located in the three most populous cities in Guinea. This metric is an important indicator of financial inclusion and access to banking 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

This economic trend provides insight into the availability and distribution of financial infrastructure across urban centers in Guinea. The data can be used to analyze progress in expanding banking access and identify potential gaps in service delivery.

Methodology

The data is collected through surveys of financial institutions and reported to the Central Bank of Guinea.

Historical Context

Policymakers and development organizations monitor this metric to assess financial inclusion initiatives and identify opportunities to improve access to banking services.

Key Facts

  • Guinea has a population of over 13 million people.
  • The three largest cities in Guinea are Conakry, Kankan, and Boké.
  • ATM access is an important metric for measuring financial inclusion.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the total number of automated teller machines (ATMs) located in the three most populous cities in Guinea.

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

A: The availability of ATMs is a key indicator of financial inclusion and access to banking services, which are important for economic development.

Q: How is this data collected or calculated?

A: The data is collected through surveys of financial institutions and reported to the Central Bank of Guinea.

Q: How is this trend used in economic policy?

A: Policymakers and development organizations monitor this metric to assess financial inclusion initiatives and identify opportunities to improve access to banking services.

Q: Are there update delays or limitations?

A: The data may be subject to reporting delays, and it only covers the three largest cities in Guinea.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Guinea (GINFCACLNUM), retrieved from FRED.