According to the World Bank statistics, Pakistan has only 11 Automated Teller Machines (ATMs) per 100,000 people. Pakistan has performed poorly on the list of countries on the global ATM index for 2020, with the 11th position on a list that included South Korea (267), Israel (133), China (96), UAE (61), India (21), Bangladesh (9), and Afghanistan (2).
The IMF report adds,
“Afghanistan, Bangladesh, Indonesia, and Pakistan are a few examples of countries experiencing high mobile money growth in Asia”
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.