Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Mali
MLIFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
538.00
Year-over-Year Change
104.56%
Date Range
1/1/2010 - 1/1/2023
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Mali' trend measures the total number of ATMs operating across Mali. This data provides insights 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 ATM machines installed and functioning in Mali. It serves as a proxy for the geographical distribution and availability of financial services for individuals and businesses within the country.
Methodology
The data is collected and reported by the Central Bank of Mali.
Historical Context
Policymakers and financial analysts use this metric to assess the progress of financial inclusion and the expansion of banking infrastructure in the Malian economy.
Key Facts
- Mali had over 600 ATMs as of the latest data.
- ATM penetration is higher in urban areas compared to rural regions.
- 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) operating across Mali, providing insights 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 assessing the progress of financial inclusion and the expansion of banking infrastructure in the Malian economy, which is a key focus for policymakers and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Mali.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this metric to evaluate the development of Mali's financial sector and the accessibility of banking services for individuals and businesses.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and potential limitations in coverage or reporting, as is common with economic indicators.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Mali (MLIFCACNUM), retrieved from FRED.