Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Guinea-Bissau
GNBFCAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.27
Year-over-Year Change
607.69%
Date Range
1/1/2010 - 1/1/2023
Summary
This economic trend measures the number of ATMs per 1,000 square kilometers in Guinea-Bissau, providing insights into the geographical outreach 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 'Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Guinea-Bissau' metric offers a snapshot of the physical accessibility of banking services across Guinea-Bissau's territory. This data point is used by economists and policymakers to evaluate financial inclusion and the development of the country's financial sector.
Methodology
The data is collected by the central bank and financial regulators in Guinea-Bissau.
Historical Context
This indicator is relevant for understanding Guinea-Bissau's progress in expanding access to financial services and digital banking infrastructure.
Key Facts
- Guinea-Bissau had 1.27 ATMs per 1,000 km2 in 2021.
- ATM density in Guinea-Bissau is significantly lower than the global average.
- Expanding ATM coverage is a key policy goal for increasing financial inclusion in Guinea-Bissau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of ATMs per 1,000 square kilometers in Guinea-Bissau, providing insights into the geographical outreach of the country's financial services infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for understanding financial inclusion and the development of Guinea-Bissau's banking sector, as it reveals the physical accessibility of ATMs and other financial services across the country's territory.
Q: How is this data collected or calculated?
A: The data is collected by the central bank and financial regulators in Guinea-Bissau.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers and economists to evaluate progress in expanding access to financial services and digital banking infrastructure in Guinea-Bissau.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and potential limitations in coverage or accuracy, as is common with infrastructure-related metrics in developing economies.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Guinea-Bissau (GNBFCAKNUM), retrieved from FRED.