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Johan Nilsson

Sweden Sees 23 Percent Drop in Cash Machines Over Four Years

The cash machines are becoming fewer. In four years, almost a quarter have disappeared, according to figures from the company Bankomat.

Sweden Sees 23 Percent Drop in Cash Machines Over Four Years

Cash withdrawals continue to decrease

The Swedes are using less and less cash. During the second half of 2024, it averaged 396 kronor per person per month – a decrease of 7 percent compared to 2023.

Cash withdrawals continue to decrease

Fewer people are withdrawing cash

The Swedes are making fewer withdrawals from cash machines. During the first half of 2024, each Swede withdrew an average of 398 kronor per month.

Fewer people are withdrawing cash