Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Saudi Arabia
SAUFCACLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,198.00
Year-over-Year Change
862.30%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of automated teller machines (ATMs) in the three largest cities in Saudi Arabia, providing insights into the availability of financial infrastructure and accessibility of 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
The Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Saudi Arabia metric tracks the total count of ATMs located in the three most populous urban centers within the country. This data point is valuable for understanding the geographical distribution and penetration of financial services.
Methodology
The data is collected by surveying and aggregating information from financial institutions and municipal authorities.
Historical Context
This metric is relevant for policymakers, banks, and financial service providers to evaluate the adequacy of financial infrastructure and identify areas for potential expansion.
Key Facts
- Saudi Arabia has the three largest cities of Riyadh, Jeddah, and Mecca.
- The number of ATMs in these cities is an indicator of financial inclusion.
- ATM availability supports economic activity and development.
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 Saudi Arabia, providing insights into the geographical distribution of financial infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the accessibility and penetration of banking services, which supports economic development and financial inclusion in Saudi Arabia.
Q: How is this data collected or calculated?
A: The data is collected by surveying and aggregating information from financial institutions and municipal authorities.
Q: How is this trend used in economic policy?
A: Policymakers, banks, and financial service providers use this metric to evaluate the adequacy of financial infrastructure and identify areas for potential expansion.
Q: Are there update delays or limitations?
A: The data may be subject to collection and reporting delays, and it 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 Saudi Arabia (SAUFCACLNUM), retrieved from FRED.