Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for St. Vincent and the Grenadines
SVGFCAKNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.92
Year-over-Year Change
42.86%
Date Range
1/1/2004 - 1/1/2023
Summary
This trend measures the number of ATMs per 1,000 square kilometers in St. Vincent and the Grenadines, providing insights into the geographical coverage and accessibility of financial services 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
The ATMs Per 1,000 Km2 metric is a key indicator of the physical distribution and penetration of banking infrastructure. It offers valuable information about the financial inclusion and accessibility for individuals and businesses within a given geographic area.
Methodology
The data is collected by tracking the number of operational ATMs across St. Vincent and the Grenadines and calculating the density per unit of land area.
Historical Context
This trend is closely monitored by policymakers, financial regulators, and industry analysts to assess the progress of financial inclusion and identify areas for infrastructure development.
Key Facts
- St. Vincent and the Grenadines has a land area of 389 square kilometers.
- The national average of ATMs per 1,000 square kilometers is 10.3 as of the latest data.
- Improving ATM density is a key priority for financial inclusion initiatives in the country.
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 St. Vincent and the Grenadines, providing insights into the geographical coverage and accessibility of financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: The ATMs Per 1,000 Km2 metric is a key indicator of financial inclusion and the physical distribution of banking infrastructure. It helps policymakers, regulators, and industry analysts assess the progress of financial accessibility and identify areas for improvement.
Q: How is this data collected or calculated?
A: The data is collected by tracking the number of operational ATMs across St. Vincent and the Grenadines and calculating the density per unit of land area.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, financial regulators, and industry analysts to assess the progress of financial inclusion and identify areas for infrastructure development.
Q: Are there update delays or limitations?
A: The data is updated periodically, and there may be some delays in reporting due to the time required to collect and analyze the information across the country's geographic regions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for St. Vincent and the Grenadines (SVGFCAKNUM), retrieved from FRED.