Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Panama
PANFCACLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,655.00
Year-over-Year Change
198.74%
Date Range
1/1/2007 - 1/1/2015
Summary
This economic trend measures the number of automated teller machines (ATMs) in the three largest cities in Panama. It provides insight into the geographical outreach and financial access infrastructure within these major urban centers.
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) in 3 Largest Cities for Panama data series tracks the total count of ATM terminals located in the three most populous cities in Panama. This metric serves as an indicator of the financial inclusion and accessibility for consumers within these key urban areas.
Methodology
The data is collected through surveys and reporting from financial institutions and regulatory authorities in Panama.
Historical Context
Policymakers and market analysts use this metric to evaluate the development of Panama's financial services infrastructure and its ability to serve the population.
Key Facts
- Panama has a population of over 4.3 million people.
- The three largest cities in Panama are Panama City, San Miguelito, and Colón.
- ATMs play a crucial role in providing access to financial services for Panamanian consumers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) located in the three largest cities in Panama.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of financial infrastructure and accessibility within Panama's major urban centers, which is relevant for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from financial institutions and regulatory authorities in Panama.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the development of Panama's financial services infrastructure and its ability to serve the population.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays and may not capture all ATMs in the three largest cities.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Panama (PANFCACLNUM), retrieved from FRED.