Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Israel
ISRFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,720.00
Year-over-Year Change
40.79%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the total number of automated teller machines (ATMs) deployed across Israel. It provides insights into the country's financial infrastructure and accessibility of 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
The Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Israel metric tracks the total count of ATM terminals installed nationwide. This data point is used by economists and policymakers to analyze the evolution of financial inclusion and the reach of banking services across the Israeli population.
Methodology
The data is collected and reported by the Bank of Israel.
Historical Context
This trend is relevant for understanding the development of Israel's financial sector and accessibility of banking services to consumers.
Key Facts
- Israel had over 8,700 ATMs installed as of the latest data.
- ATM density in Israel is higher than the OECD average.
- The number of ATMs has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) deployed across Israel, providing insights into the country's financial infrastructure and accessibility of banking services.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the development of Israel's financial sector and the accessibility of banking services to consumers, which is an important indicator of financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank of Israel.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze the evolution of financial infrastructure and accessibility across Israel, which informs decisions about financial regulation and development.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bank of Israel, but there may be some delays in reporting the latest figures.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Israel (ISRFCACNUM), retrieved from FRED.