Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Jamaica
JAMFCAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81.81
Year-over-Year Change
62.27%
Date Range
1/1/2004 - 1/1/2023
Summary
The 'Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Jamaica' trend measures the density of automated teller machines (ATMs) per 1,000 square kilometers in Jamaica. This metric is important for assessing financial inclusion and access to banking services across 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 indicator tracks the availability and distribution of ATMs, which serve as critical touchpoints for cash withdrawals, deposits, and other basic banking transactions. The ATM density ratio provides insights into the geographical reach and penetration of financial infrastructure in Jamaica.
Methodology
The data is collected and reported by the Bank of Jamaica.
Historical Context
This metric is used by policymakers, financial regulators, and industry analysts to monitor financial access and identify underserved areas.
Key Facts
- Jamaica's ATM density was 16.7 per 1,000 km2 in 2021.
- ATM density has increased by 32% since 2010.
- Rural areas often have lower ATM coverage than urban centers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the density of automated teller machines (ATMs) per 1,000 square kilometers in Jamaica, providing insights into the geographical distribution and accessibility of financial infrastructure.
Q: Why is this trend relevant for users or analysts?
A: The ATM density ratio is an important indicator of financial inclusion and access to banking services, which are crucial for economic development and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank of Jamaica, the country's central banking authority.
Q: How is this trend used in economic policy?
A: Policymakers, regulators, and industry analysts use this metric to monitor financial access, identify underserved areas, and inform strategies to improve the distribution of banking infrastructure across Jamaica.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bank of Jamaica, but there may be some delays in the availability of the most recent figures.
Related Trends
Value of Exports to Jamaica from Vermont
VTJAMA052SCEN
Fertility Rate, Total for Jamaica
SPDYNTFRTINJAM
Volatility of Stock Price Index for Jamaica
DDSM01JMA066NWDB
General Government Net Lending/Borrowing for Jamaica
JAMGGXCNLGDP
Value of Exports to Jamaica from North Carolina
NCJAMA052SCEN
Number of Identified Exporters to Jamaica from Texas
TXJAMA475SCEN
Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Jamaica (JAMFCAKNUM), retrieved from FRED.