Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Portugal
PRTFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,757.00
Year-over-Year Change
-14.19%
Date Range
1/1/2004 - 1/1/2023
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Portugal' series measures the total number of ATMs installed across Portugal. This metric is a key indicator of financial access and banking infrastructure development 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 series tracks the total count of ATMs operating throughout Portugal, providing insight into the geographical distribution and availability of basic banking services for consumers and businesses. It is used by economists and policymakers to analyze financial inclusion and the evolution of Portugal's banking sector.
Methodology
The data is collected and reported by the Bank of Portugal through surveys of financial institutions.
Historical Context
Policymakers and regulators use this metric to assess financial access and guide policies for expanding banking services across Portugal.
Key Facts
- Portugal had over 13,000 ATMs as of the latest data.
- ATM density in Portugal is around 130 ATMs per 100,000 adults.
- ATM numbers have grown steadily in Portugal over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) installed and operating across Portugal, providing insight into the country's banking infrastructure and financial access.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing financial inclusion and the development of Portugal's banking sector, as ATM availability is a key indicator of access to basic financial services for consumers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of financial institutions conducted by the Bank of Portugal, the country's central bank.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this metric to guide policies aimed at expanding banking services and improving financial inclusion throughout Portugal.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, typically several months after the end of the reference period. There may also be occasional revisions to historical data.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Portugal (PRTFCACNUM), retrieved from FRED.