Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Iran
IRNFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54,765.00
Year-over-Year Change
1128.47%
Date Range
1/1/2005 - 1/1/2018
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Iran' trend measures the total number of ATMs deployed across Iran, providing insight into the country's financial infrastructure and access to banking services.
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 indicator tracks the total count of ATMs installed nationwide in Iran, reflecting the geographical distribution and availability of automated cash withdrawal and deposit services for the Iranian population. It is an important metric for evaluating financial inclusion and the development of the country's banking system.
Methodology
The data is collected by Iran's Central Bank through surveys and reports from financial institutions operating ATM networks in the country.
Historical Context
Policymakers and economists use this metric to assess the growth and accessibility of Iran's financial services sector.
Key Facts
- Iran had over 42,000 ATMs installed nationwide as of the latest data.
- ATM availability has grown significantly in Iran over the past decade.
- ATM density varies across different regions of the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) deployed across Iran, providing insight into the country's financial infrastructure and access to banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating financial inclusion and the development of Iran's banking system, as it reflects the geographical distribution and availability of automated cash withdrawal and deposit services for the population.
Q: How is this data collected or calculated?
A: The data is collected by Iran's Central Bank through surveys and reports from financial institutions operating ATM networks in the country.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the growth and accessibility of Iran's financial services sector.
Q: Are there update delays or limitations?
A: The data may have update lags due to the time required for collection and reporting by financial institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Iran (IRNFCACNUM), retrieved from FRED.