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Does India have the most ATMs in the developing world? Find out...

Last updated on: October 01, 2013 17:18 IST

Does India have the most ATMs in the developing world?

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Since 2004 the number of ATMs per 100,000 adults has more than doubled, to around 22 (compared with more than 70 in rich countries), according to The Economist.

Let's take a look at how many ATMs countries in emerging markets have and how many people use mobile phone to receive money.

SourceThe Economist

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Image: A man counts money after withdrawing it from an ATM in Jammu.
Photographs: Amit Gupta/Reuters
Tags: India

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Russia

ATMs per 100,000 adults: 178

Percentage of adult who use mobile phone to receive money: 2 per cent

Overall rank: 1

Russia, which has one of the biggest reserves of oil and gas in the world, has more than 170 ATMs per 100,000 adults.

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Image: A view of Moscow, Russia.
Photographs: Denis Sinyakov/Reuters
Tags: Russia , India

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Brazil

ATMs per 100,000 adults: 122

Percentage of adult who use mobile phone to receive money: 1 per cent

Overall rank: 2

Brazil, one of the fastest growing economies in the world, is ranked second in number of ATMs.

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Image: Tourists take pictures with the Rodrigo de Freitas Lagoon in the background in Rio de Janeiro, Brazil.
Photographs: Ricardo Moraes/Reuters
Tags: Brazil , India

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Turkey

ATMs per 100,000 adults: 60

Percentage of adult who use mobile phone to receive money: 2 per cent

Overall rank: 3

Turkey, one of the fastest growing economies in the world, has 60 ATMs per 100,000 adults.

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Image: A view of financial district in Istanbul, Turkey.
Photographs: Murad Sezer/Reuters
Tags: Turkey , India

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South Africa

ATMs per 100,000 adults: 57

Percentage of adult who use mobile phone to receive money: 9 per cent

Overall rank: 4

South Africa, which has one of the highest reserves of minerals, reports 9 per cent adults using mobile phone to receive money.

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Image: A shopper walks past a Foschini store at a shopping centre in Lenasia, south of Johannesburg, South Africa.
Photographs: Siphiwe Sibeko/Reuters

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China

ATMs per 100,000 adults: 32

Percentage of adult who use mobile phone to receive money: 1 per cent

Overall rank: 5

China, the fastest growing economy in the world, does not have that many ATMs.

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Image: An aerial view shows vehicles travelling on intersections at night in downtown Shanghai, China.
Photographs: Aly Song/Reuters
Tags: China , India

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Indonesia

ATMs per 100,000 adults: 30

Percentage of adult who use mobile phone to receive money: 1 per cent

Overall rank: 6

Indonesia, one of the fastest growing economies in Asia, has 30 ATMs per 100,000 adults.

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Image: An aerial view of Indonesia's capital city of Jakarta, Indonesia.
Photographs: Supri/Reuters

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The Philippines

ATMs per 100,000 adults: 23

Percentage of adult who use mobile phone to receive money: 13 per cent

Overall rank: 7

The Philippines, whose economy depends a lot on remittances, sees 13 per cent adults using mobile phone to receive money.

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Image: Tourists ride on a 'Kalesa', a horse drawn carriage, in Manila, the Philippines.
Photographs: Erik de Castro/Reuters

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Nigeria

ATMs per 100,000 adults: 20

Percentage of adult who use mobile phone to receive money: 11 per cent

Overall rank: 8

Nigeria, which has the biggest oil reserve in Africa, reports 11 per cent adults using mobile phone to receive money.

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Image: An aerial view shows the central business district in Nigeria's commercial capital of Lagos.
Photographs: Akintunde Akinleye/Reuters

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India

ATMs per 100,000 adults: 20

Percentage of adult who use mobile phone to receive money: 2 per cent

Overall rank: 9

India, one of the fastest growing economies in the world, has 20 ATMs per 100,000 adults.

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Image: Tourists carry earthen pitchers on their heads as they participate in 'Matka Race' at Ladera village near Bikaner in Rajasthan.
Photographs: Stringer/Reuters
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Egypt

ATMs per 100,000 adults: 19

Percentage of adult who use mobile phone to receive money: Less than 1 per cent

Overall rank: 10

Egypt, one of the biggest economies in Africa, is growing through political turmoil.

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Image: A view of the Nile River flowing through the Egyptian capital Cairo.
Photographs: Aladin Abdel Naby/Reuters

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Kenya

ATMs per 100,000 adults: 19

Percentage of adult who use mobile phone to receive money: 67 per cent

Overall rank: 11

Kenya, which has a GDP of $41.84 billion, sees 67 per cent adults using mobile phone to receive money, the highest figure in the developing world.

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Image: A motorcyclist rides past the Kenyan Parliament House clock tower in the capital Nairobi.
Photographs: Thomas Mukoya/Reuters
Tags: Kenya , GDP , India

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Zimbabwe

ATMs per 100,000 adults: 10

Percentage of adult who use mobile phone to receive money: 2 per cent

Overall rank: 12

Zimbabwe, which has a GDP of $5.91 billion, is growing through tough economic times due to sanctions.

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Image: Children play outside thatched roof huts in Domboshawa, around 80km east of Harare, Zimbabwe.
Photographs: Darrin Zammit Lupi/Reuters

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Uganda

ATMs per 100,000 adults: 10

Percentage of adult who use mobile phone to receive money: 25 per cent

Overall rank: 13

Uganda, which has large quantities of natural resources, reports 25 per cent adults using mobile phone to receive money, the second-highest figure in the developing world.

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Image: A view of the lobby of Munyonyo Commonwealth Resort in Munyonyo, Uganda.
Photographs: Stephen Morrison/Pool/Reuters
Tags: Uganda , India

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Iraq

ATMs per 100,000 adults: 5

Percentage of adult who use mobile phone to receive money: 7 per cent

Overall rank: 14

Iraq, which has gone through wars and civil unrest, has 5 ATMs per 100,000 adults.

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Image: Visitors enter the ancient city of Babylon near Hilla, 100km south of Baghdad, Iraq.
Photographs: Saad Shalash/Reuters
Tags: Iraq , India

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Sierra Leone

ATMs per 100,000 adults: 2

Percentage of adult who use mobile phone to receive money: 2 per cent

Overall rank: 15

Sierra Leone, which has a GDP of $8.41 billion, has gone through brutal civil war and political unrest.


Image: An aerial view shows Lumley Beach in the Sierra Leonean capital Freetown.
Photographs: Simon Akam/Reuters

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