The number of ATMs per hundred thousand persons in Mauritius experienced a general decline from 2016 to 2020, with a slight recovery observed in recent years. In 2023, the value stood at 42.6 ATMs per hundred thousand persons, up by 0.14% year-on-year. Although recent years have shown minor variations, the five-year CAGR from 2019 to 2023 indicates an overall decline of -0.27%. Looking ahead, the forecast suggests a modest increase with a five-year CAGR of 0.04% from 2024 to 2028, resulting in a slight growth rate of 0.21% by 2028.
Future trends to watch for include the potential impact of digital banking solutions on the demand for physical ATMs, technological advancements in ATM functionalities, and the broader economic conditions influencing banking infrastructure investments in Mauritius.
