The number of ATMs in Canada has exhibited a fluctuating pattern between 2013 and 2023, with a noticeable decrease from 2017 to 2023, accompanied by minor increases in the last two years. As of 2023, there were approximately 212.81 ATMs per 100,000 persons.
Year-on-year variations reveal:
- Recent years: A slight growth of 0.075% in 2023 and 0.099% in 2022.
Future CFA projections indicate a marginal average yearly increase of 0.03% up to 2028, signaling stability in ATM availability per capita.
Future trends to watch for include advancements in digital banking possibly reducing physical ATM usage and population growth impacting per capita ATM availability.
