Small states - Automated teller machines (ATMs) (per 100,000 adults)

The value for Automated teller machines (ATMs) (per 100,000 adults) in Small states was 40.27 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 41.48 in 2018 and a minimum value of 16.72 in 2005.

Definition: Automated teller machines are computerized telecommunications devices that provide clients of a financial institution with access to financial transactions in a public place.

Source: International Monetary Fund, Financial Access Survey.

See also:

Year Value
2004 17.60
2005 16.72
2006 19.81
2007 21.50
2008 29.95
2009 28.60
2010 27.64
2011 27.12
2012 27.56
2013 29.05
2014 34.26
2015 36.10
2016 36.05
2017 36.31
2018 41.48
2019 39.16
2020 40.27

Development Relevance: Access to finance can expand opportunities for all with higher levels of access and use of banking services associated with lower financing obstacles for people and businesses. A stable financial system that promotes efficient savings and investment is also crucial for a thriving democracy and market economy. There are several aspects of access to financial services: availability, cost, and quality of services. The development and growth of credit markets depend on access to timely, reliable, and accurate data on borrowers' credit experiences. Access to credit can be improved by making it easy to create and enforce collateral agreements and by increasing information about potential borrowers' creditworthiness. Lenders look at a borrower's credit history and collateral. Where credit registries and effective collateral laws are absent - as in many developing countries - banks make fewer loans. Indicators that cover getting credit include the strength of legal rights index and the depth of credit information index.

Limitations and Exceptions: Population-based ratios of the number of branches and ATMs assume a uniform distribution of bank outlets within a country's area and across its population, while in most countries bank branches and ATMs are concentrated in urban centers of the country and are accessible only to some individuals.

Statistical Concept and Methodology: Data are shown as the total number of ATMs for every 100,000 adults in the reporting country. Calculated as (number of ATMs)*100,000/adult population in the reporting country.

Aggregation method: Median

Periodicity: Annual

General Comments: Country-specific metadata can be found on the IMF’s FAS website at  http://fas.imf.org.

Classification

Topic: Financial Sector Indicators

Sub-Topic: Access