Photographs: Amit Gupta/Reuters
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.
Source: The Economist
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Does India have the most ATMs in the developing world?
Photographs: Denis Sinyakov/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Ricardo Moraes/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Murad Sezer/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Siphiwe Sibeko/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Aly Song/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Supri/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Erik de Castro/Reuters
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.
...
Does India have the most ATMs in the developing world?
Photographs: Akintunde Akinleye/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Stringer/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Aladin Abdel Naby/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Thomas Mukoya/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Darrin Zammit Lupi/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Stephen Morrison/Pool/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Saad Shalash/Reuters
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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Does India have the most ATMs in the developing world?
Photographs: Simon Akam/Reuters
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.
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