Pakistan has only 11 Automated Teller Machines (ATMs) per 100,000 people

For a country whose population exceeds 200 million, out of whom 60% are young people, such a low number of ATMs should comprise a red flag for the authorities. As the gig economy continues to grow and banks continue to operate in a limited capacity due to the COVID-19 pandemic, more ATMs are needed to better cater to the consumers’ needs.

Some of the lowest ATM-to-population scores in the world could indicate an economy that is strapped for cash and banks that are struggling from cashflow issues.

Read More: Banks in Pakistan introduce ATM receipt fees.