Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Thailand
THAFCACNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56,839.00
Year-over-Year Change
8.80%
Date Range
1/1/2004 - 1/1/2024
Summary
The 'Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Thailand' trend measures the total number of ATMs operating across Thailand. This metric is important for understanding the accessibility and penetration 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
This series tracks the total number of ATMs installed nationwide in Thailand. It provides insights into the physical infrastructure and geographic reach of the banking and financial system, which is crucial for financial inclusion and economic development.
Methodology
The data is collected by the Bank of Thailand through surveys of financial institutions.
Historical Context
Policymakers and financial sector analysts use this metric to assess financial access and monitor the evolution of the ATM network.
Key Facts
- Thailand had over 75,000 ATMs as of the latest data.
- ATM density in Thailand is around 1 ATM per 900 people.
- The number of ATMs in Thailand has grown by over 50% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) operating across Thailand, providing insights into the physical financial infrastructure and accessibility of banking services in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding financial inclusion and the geographic reach of the banking system, which are crucial factors for economic development and the provision of financial services to the population.
Q: How is this data collected or calculated?
A: The data is collected by the Bank of Thailand through surveys of financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and financial sector analysts use this metric to assess the level of financial access and monitor the evolution of the ATM network, which is a key component of the financial infrastructure.
Q: Are there update delays or limitations?
A: The data is published with a delay, and the frequency of updates may vary over time. Additionally, the metric only captures ATMs and does not include other financial access points, such as bank branches.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Thailand (THAFCACNUM), retrieved from FRED.