From 2013 to 2023, the number of ATMs per hundred thousand persons in Brunei exhibited fluctuating trends, with a notable decline from 82.86 units in 2013 to 73.74 units in 2023. The highest decrease was observed in 2017 with a YoY decline of -8.87%, while 2018 saw a recovery with a YoY increase of 7.06%. Recent years indicate a stabilizing trend with minimal fluctuations, as depicted by the small YoY changes of 0.62% in 2022 and 0.26% in 2023.
Forecasts from 2024 to 2028 project a slow, albeit steady, increase with a forecasted 5-year CAGR of 0.1%, reaching 74.26 units by 2028. This suggests a marginal year-on-year growth, indicating a cautiously optimistic outlook for ATM density.
Future trends to watch for include the potential impact of digital banking innovations and shifts in consumer preferences toward cashless transactions, which could influence the demand and deployment of ATMs in Brunei.
