Forecast: Number of ATMs in Argentina

Based on the provided data, the number of ATMs in Argentina has shown a consistent increase from 2013 to 2023, reaching 17.79 thousand units in 2023. The year-on-year growth rate has shown a general decreasing trend, from a high of 7.12% in 2013 to 1.74% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years ending 2023 was 1.66%. Looking ahead, forecasts suggest that the number of ATMs will continue to rise, reaching 19.22 thousand units by 2028, with a five-year CAGR of 1.22% and a total forecasted growth rate of 6.27% over this period.

Future trends to watch for include technological advancements in financial services, potential shifts towards cashless transactions, and economic factors that could influence ATM usage and deployment. Monitoring these trends will be crucial in understanding the projected growth and adapting strategies accordingly.