Key Market Indicators
The number of ATMs in South Africa is expected to reach 35,000 by 2026, up from 33,000 in 2021. This marks an average annual growth of 1.3%, with an increase of 1.9% per year since 2014. South Africa ranked 15th in 2021, behind Italy with 32,600 ATMs. India, Russia and Brazil respectively ranked second, third and fourth. South African ATM transactions are expected to reach 1.37 billion by 2026, up from 1.3 billion in 2021. This marks an average annual growth of 1.2%, with an increase of 1.4% per year since 2014. South Africa ranked ninth in 2021, behind France with 1.3 billion transactions. Indonesia, Brazil and Russia respectively ranked second, third and fourth.
