Based on the data provided, the number of ATMs in Italy per hundred thousand persons has shown a fluctuating trend over the past decade. In 2013, the number stood at 92.45 units, holding steady into 2014 before seeing a slight increase in 2015 at 96.25 units. This was followed by a decline until 2018. From 2019 to 2023, the ATM count saw minor variations, stabilizing around 88.69 units by 2023.
The year-on-year variation for the most recent years shows minimal fluctuation, with -0.62% in 2020, -2.21% in 2021, a slight increase of 0.14% in 2022, and 0.11% in 2023. The compound annual growth rate (CAGR) over the past five years stands at -0.52%, indicating a slow decline in the total number of ATMs per hundred thousand persons.
Looking ahead, the forecasted data from 2024 to 2028 suggests a stabilizing trend. The number of ATMs is expected to marginally increase, reaching 88.96 units by 2028, with a forecasted five-year CAGR of 0.04% and a total growth rate of 0.21%.
Trends to watch for include continued advancements in digital banking and payment solutions, which could influence the need for physical ATMs. Additionally, demographic shifts and changing consumer behaviors toward cashless transactions may also play significant roles in shaping the future landscape of ATMs in Italy.
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