The number of ATMs in Finland, expressed in Units per Hundred Thousand Persons, has shown a fluctuating trend over the past decade. After peaking at 36.35 in 2013, the number of ATMs experienced a decline until 2016, reaching 31.69. A rebound occurred between 2017 and 2019, with a peak of 37.76. This was followed by a marginal decline from 2020 to 2023, with the value standing at 36.71 in 2023.
Year-on-year variations have shown significant shifts, with notable increases in 2018 and 2019, and decreases in other years, particularly 2015 and 2016. Over the past five years, from 2018 to 2023, the number of ATMs demonstrated a Compound Annual Growth Rate (CAGR) of 1.12%.
Future trends indicate a stabilization of the ATM count, with a forecasted marginal decline from 2024 to 2028. The forecasted 5-year CAGR is -0.02%, reflecting a very slight decrease over the period.
Trends to watch for include the increasing adoption of digital banking solutions and potential further consolidation of ATM networks, which may influence future demand and deployment of ATMs across Finland.
