The number of ATMs in Brazil stands at 82.93 units per hundred thousand persons in 2024, down from the previous year. From 2024 to 2028, the forecast shows a declining trend, with values decreasing annually: 79.38 in 2025, 75.91 in 2026, 72.52 in 2027, and 69.21 in 2028. This indicates a steady year-on-year decline.
Breaking down the percentage decline year-on-year:- 2025: -4.28%- 2026: -4.37%- 2027: -4.47%- 2028: -4.57%
The average Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -4.42%.
Future trends to watch for include the increasing adoption of digital banking and mobile payment solutions, which could further reduce the necessity for physical ATMs. Additionally, the ongoing developments in financial technology and the government’s push for inclusive financial initiatives might influence the density and distribution of ATMs across the country.
