The number of ATMs per hundred thousand persons in the EU has experienced fluctuations over the years. From 2013 to 2023, there was an overall decline from 68.44 to 61.5, representing an approximate decrease of 10%. The year-on-year variation showcases periodic changes, with notable drops in 2013 and 2014, a rise in 2015 and 2016, and a steady decline post-2017. Over the last two years, the number saw incremental decreases of 0.88% and 1.08%, respectively. The average variation per year over the last five years stands at -1.5% CAGR. Looking ahead to 2028, the forecast indicates a continued gradual decline, with a forecasted 5-year CAGR of -0.34% and an overall reduction rate of 1.68%.
Future trends to watch for include the increasing adoption of digital and mobile banking, which could further reduce ATM usage. Additionally, changes in consumer behavior towards cashless transactions and evolving regulatory policies around financial services may influence the ATM landscape in the EU.
