Between 2013 and 2023, the number of ATMs in Pakistan showed a significant initial growth followed by a recent decline. The peak was 11.14 units per hundred thousand persons in 2020, decreasing to 11.06 in 2023. The year-on-year growth rate was highest in 2013 at 18.9%, steadily declining over the years, with a negative growth rate of -0.18% in 2023. The five-year CAGR declined from 13.16% in 2013 to 1.14% in 2023, illustrating slowing growth.

Forecasts from 2024 to 2028 show a continued slight decline in ATM units, with a forecasted five-year CAGR of -0.15% and an overall forecasted five-year growth rate of -0.73%. These indicators suggest a stabilization rather than recovery.

Future trends to watch for:

Emergence of digital banking services reducing the reliance on physical ATMs.
Potential economic policies impacting financial sector infrastructure.
Technological advancements in financial services prompting shifts in consumer behaviors.