Sweden is suffering from an ATM shortage, as the IceNews reported that the country has the second lowest density of ATMs in Europe. In the last two years, 645 ATMs went obsolete, bringing Sweden’s ATM density to its lowest point since 1994. At present, there is an average of 3.2 percent ATM density per 10,000 people. Two Swedish cities, Ostergotland and Uppsala, are reported to be suffering the most from the shortages.
Sweden is a global leader in the cashless economy, and the population’s cash withdrawals at ATMs have fallen between 6 and 8 percent each year.
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