Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Tonga

TONFCAANUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

40.51

Year-over-Year Change

112.30%

Date Range

1/1/2004 - 1/1/2018

Summary

The 'Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Tonga' metric tracks the number of automated teller machines (ATMs) per 100,000 adults in Tonga, providing insights into financial inclusion and accessibility.

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 indicator represents the availability of ATM infrastructure, which is a proxy for financial access and the reach of banking services. It is used by economists and policymakers to evaluate financial inclusion and the development of Tonga's financial sector.

Methodology

The data is collected and reported by the World Bank based on information provided by national authorities.

Historical Context

Policymakers and analysts use this metric to benchmark Tonga's financial infrastructure against other countries and guide policies to improve financial access.

Key Facts

  • Tonga had 36.87 ATMs per 100,000 adults in 2020.
  • ATM access in Tonga is below the global average of 54.5 per 100,000 adults.
  • Improving ATM infrastructure is a priority for increasing financial inclusion in Tonga.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of automated teller machines (ATMs) per 100,000 adults in Tonga, providing an indicator of financial access and the reach of banking services.

Q: Why is this trend relevant for users or analysts?

A: This metric is relevant for evaluating financial inclusion and the development of Tonga's financial sector, as it represents the availability of ATM infrastructure, which is a proxy for financial access.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank based on information provided by national authorities in Tonga.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to benchmark Tonga's financial infrastructure against other countries and guide policies to improve financial access and inclusion.

Q: Are there update delays or limitations?

A: The data is reported annually by the World Bank, so there may be some delay in the most recent updates.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Tonga (TONFCAANUM), retrieved from FRED.