Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Maldives

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

Latest Value

626.67

Year-over-Year Change

300.00%

Date Range

1/1/2004 - 1/1/2023

Summary

The 'Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Maldives' trend measures the density of automated teller machines (ATMs) across the Maldives, providing insights into the accessibility of financial services 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

This indicator tracks the number of ATMs per 1,000 square kilometers in the Maldives, offering a gauge of the geographic distribution and availability of banking infrastructure. It is used by policymakers and economists to assess financial inclusion and the reach of the financial system.

Methodology

The data is collected by the Maldives Monetary Authority through surveys of financial institutions operating in the country.

Historical Context

Monitoring ATM density is crucial for evaluating progress toward financial inclusion goals and identifying areas that may need improved access to banking services.

Key Facts

  • The Maldives has an area of 300 square kilometers.
  • As of the latest data, there are 17.6 ATMs per 1,000 square kilometers in the Maldives.
  • Improving ATM accessibility is a key priority for the Maldives government's financial inclusion initiatives.

FAQs

Q: What does this economic trend measure?

A: This trend measures the density of automated teller machines (ATMs) in the Maldives, providing a gauge of the geographic distribution and accessibility of banking infrastructure in the country.

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

A: Monitoring ATM density is crucial for evaluating progress toward financial inclusion goals and identifying areas that may need improved access to banking services.

Q: How is this data collected or calculated?

A: The data is collected by the Maldives Monetary Authority through surveys of financial institutions operating in the country.

Q: How is this trend used in economic policy?

A: This trend is used by policymakers and economists to assess financial inclusion and the reach of the financial system in the Maldives.

Q: Are there update delays or limitations?

A: The data is subject to the survey and reporting processes of the Maldives Monetary Authority, which may result in occasional update delays.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Maldives (MDVFCAKNUM), retrieved from FRED.