Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for El Salvador
SLVFCAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.27
Year-over-Year Change
75.46%
Date Range
1/1/2004 - 1/1/2023
Summary
This trend measures the number of ATMs per 1,000 square kilometers in El Salvador, providing insights into the geographic coverage and accessibility of financial services infrastructure.
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: Key Indicators ATMs Per 1000 Km2 for El Salvador' metric tracks the density of automated teller machines (ATMs) across El Salvador's land area. This indicator is used to assess the reach and penetration of financial services, which is a key factor in financial inclusion and economic development.
Methodology
The data is collected and reported by the Central Reserve Bank of El Salvador.
Historical Context
Policymakers and financial institutions use this indicator to monitor progress in expanding access to banking and electronic payment services.
Key Facts
- El Salvador had 37.2 ATMs per 1,000 sq km in 2021.
- ATM density increased by 6.3% from 2020 to 2021.
- Rural areas have lower ATM coverage compared to urban centers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of automated teller machines (ATMs) per 1,000 square kilometers in El Salvador, providing insights into the geographic coverage and accessibility of financial services infrastructure.
Q: Why is this trend relevant for users or analysts?
A: The ATM density metric is an important indicator of financial inclusion and access to banking services, which are crucial for economic development and growth.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Reserve Bank of El Salvador.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this indicator to monitor progress in expanding access to banking and electronic payment services across El Salvador.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, but it provides a comprehensive view of the geographic distribution of ATMs in the country.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for El Salvador (SLVFCAKNUM), retrieved from FRED.