Nigeria Commercial Bank Branches per 100k Adults 2024: 3.28 branches

Nigeria's commercial bank branches per 100k adults in 2024 is 3.28 branches, down 4.3% from 2023. It ranks #139 of 152 countries.

Discover the number of commercial bank branches per 100,000 adults in various countries, highlighting financial accessibility.

Nigeria•21 years of data (2004–2024)••Commercial bank branches | IMF Financial Access Survey via Our World in Data•

Source (2024): Commercial bank branches per 100,000 adults

Historical Trend

Commercial Bank Branches per 100k Adults over time

Year-by-Year Data
YearValueChange% ChangeActions
20243.28 branches0.15 branches-4.32%
20233.43 branches0.08 branches-2.27%
20223.51 branches0.57 branches-13.95%
20214.08 branches0.16 branches-3.69%
20204.23 branches0.32 branches-7.00%
20194.55 branches+0.46 branches+11.29%
20184.09 branches0.13 branches-3.06%
20174.22 branches0.3 branches-6.54%
20164.51 branches0.23 branches-4.90%
20154.75 branches0.59 branches-11.11%
20145.34 branches0.28 branches-5.05%
20135.63 branches+0.08 branches+1.39%
20125.55 branches0.58 branches-9.41%
20116.12 branches0.16 branches-2.59%
20106.29 branches+0.07 branches+1.19%
20096.21 branches+0.2 branches+3.36%
20086.01 branches+1.01 branches+20.21%
20075 branches+1.37 branches+37.61%
20063.63 branches0.39 branches-9.65%
20054.02 branches0.5 branches-11.14%
20044.53 branches——

Frequently Asked Questions About Nigeria Commercial Bank Branches per 100k Adults

What is Nigeria's commercial bank branches per 100k adults in 2024?▾

Nigeria's commercial bank branches per 100k adults is 3.28 branches in 2024, according to Commercial bank branches | IMF Financial Access Survey via Our World in Data.

Is Nigeria's commercial bank branches per 100k adults increasing or decreasing?▾

Nigeria's commercial bank branches per 100k adults fell by 4.3% from 2023 (3.43 branches) to 2024 (3.28 branches). Over the past decade (2014–2024) it fell by 38.6%.

How does Nigeria rank for commercial bank branches per 100k adults?▾

In 2024, Nigeria has the 139th highest commercial bank branches per 100k adults out of 152 countries with data.

What was Nigeria's commercial bank branches per 100k adults in 2004?▾

In 2004, Nigeria's commercial bank branches per 100k adults was 4.53 branches. By 2024 it fell by 27.5%.

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