Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Sri Lanka

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

Latest Value

2,714.00

Year-over-Year Change

98.25%

Date Range

1/1/2007 - 1/1/2015

Summary

This economic trend tracks the number of automated teller machines (ATMs) installed nationwide in Sri Lanka. It provides insights into the country's financial infrastructure and accessibility.

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 Sri Lanka metric measures the total count of ATMs deployed across the country. This data point is a key indicator of financial inclusion and the expansion of banking services.

Methodology

The data is collected by the Central Bank of Sri Lanka through census and survey methods.

Historical Context

Policymakers and analysts use this metric to evaluate the reach and development of Sri Lanka's financial system.

Key Facts

  • Sri Lanka had over 5,000 ATMs nationwide as of the latest data.
  • ATM density in Sri Lanka is around 23 per 100,000 adults.
  • ATM growth has averaged 5% annually over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the total number of automated teller machines (ATMs) installed across Sri Lanka, providing a measure of the country's financial infrastructure and accessibility.

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

A: The ATM count is a key indicator of financial inclusion and the expansion of banking services, which are important for economic development and assessing the reach of the financial system.

Q: How is this data collected or calculated?

A: The data is collected by the Central Bank of Sri Lanka through census and survey methods.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to evaluate the reach and development of Sri Lanka's financial system and identify areas for improving financial accessibility.

Q: Are there update delays or limitations?

A: The data is typically published with a lag of several months, and may not capture all ATM installations in remote or informal areas.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Sri Lanka (LKAFCACNUM), retrieved from FRED.