Key Market Indicators
The number of ATMs in Saudi Arabia is expected to reach 23,500 by 2026, a 2% annual increase from 2021's 20,600. Since 2012, the supply of ATMs has grown 2.9% year-on-year. In 2021, Saudi Arabia was ranked 17th in the world, behind Australia with 20,600 units. India, Russia and Brazil were ranked second, third and fourth, respectively. The number of ATM transactions in Saudi Arabia is expected to reach 2.9 billion by 2026, a 2.8% annual growth from 2.49 billion in 2021. Since 2012, demand for ATMs has increased 5.4% year-on-year. In 2021, Russia topped the global ranking with 2.49 billion transactions, while Indonesia, Brazil and Russia were ranked second, third and fourth, respectively.
