Commercial Bank Branches per 100k Adults 2011
Discover the number of commercial bank branches per 100,000 adults in various countries, highlighting financial accessibility.
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Complete Data Rankings
Rank | Actions | ||
|---|---|---|---|
1 | San Marino | 249.729 branches | |
2 | Spain | 88.489 branches | |
3 | Luxembourg | 85.908 branches | |
4 | Mongolia | 65.311 branches | |
5 | Portugal | 64.133 branches | |
6 | Bulgaria | 59.92 branches | |
7 | Italy | 57.341 branches | |
8 | Saint Kitts and Nevis | 55.162 branches | |
9 | Cyprus | 53.875 branches | |
10 | Republic of Moldova | 53.424 branches | |
11 | Iceland | 52.266 branches | |
12 | Ukraine | 51.432 branches | |
13 | Switzerland | 50.313 branches | |
14 | Seychelles | 47.027 branches | |
15 | Uzbekistan | 46.422 branches | |
16 | Belgium | 43.528 branches | |
17 | Malta | 41.498 branches | |
18 | France | 41.423 branches | |
19 | Montenegro | 40.203 branches | |
20 | Greece | 39.48 branches | |
21 | Denmark | 38.713 branches | |
22 | Serbia | 38.484 branches | |
23 | Slovenia | 38.357 branches | |
24 | Russia | 36.821 branches | |
25 | China, Macao SAR | 36.503 branches | |
26 | Antigua and Barbuda | 36.197 branches | |
27 | Croatia | 35.788 branches | |
28 | Romania | 35.244 branches | |
29 | Bahamas | 35.205 branches | |
30 | United States | 34.936 branches | |
31 | Guatemala | 34.45 branches | |
32 | New Zealand | 34.025 branches | |
33 | Japan | 33.894 branches | |
34 | Latvia | 32.779 branches | |
35 | Poland | 32.574 branches | |
36 | Bosnia and Herzegovina | 31.626 branches | |
37 | Australia | 30.393 branches | |
38 | Grenada | 30.368 branches | |
39 | Cabo Verde | 29.585 branches | |
40 | Iran | 28.004 branches | |
41 | Sao Tome and Principe | 27.848 branches | |
42 | Ireland | 27.096 branches | |
43 | Lebanon | 26.621 branches | |
44 | North Macedonia | 26.332 branches | |
45 | Slovakia | 26.021 branches | |
46 | Belize | 24.345 branches | |
47 | Canada | 24.188 branches | |
48 | United Kingdom | 24.113 branches | |
49 | Albania | 23.942 branches | |
50 | China, Hong Kong SAR | 23.884 branches | |
51 | Georgia | 23.757 branches | |
52 | Bolivia | 23.58 branches | |
53 | Czech Republic | 23.348 branches | |
54 | Costa Rica | 23.138 branches | |
55 | Brunei Darussalam | 22.759 branches | |
56 | Panama | 22.743 branches | |
57 | Dominica | 22.591 branches | |
58 | Israel | 22.072 branches | |
59 | Saint Lucia | 22.065 branches | |
60 | Morocco | 21.954 branches | |
61 | Sweden | 21.741 branches | |
62 | Mauritius | 21.41 branches | |
63 | Netherlands | 21.332 branches | |
64 | Oman | 20.843 branches | |
65 | Saint Vincent and the Grenadines | 20.789 branches | |
66 | Tonga | 20.785 branches | |
67 | Aruba | 20.776 branches | |
68 | Vanuatu | 20.586 branches | |
69 | Barbados | 20.38 branches | |
70 | Honduras | 19.39 branches | |
71 | Brazil | 19.384 branches | |
72 | Marshall Islands | 19.179 branches | |
73 | Lithuania | 19.039 branches | |
74 | Armenia | 18.961 branches | |
75 | Bahrain | 18.287 branches | |
76 | South Korea | 18.259 branches | |
77 | Turkey | 17.761 branches | |
78 | Samoa | 17.51 branches | |
79 | Estonia | 17.371 branches | |
80 | Finland | 17.023 branches | |
81 | Chile | 17.014 branches | |
82 | Venezuela | 16.891 branches | |
83 | Tunisia | 16.835 branches | |
84 | Bhutan | 16.636 branches | |
85 | Jordan | 16.502 branches | |
86 | Hungary | 16.41 branches | |
87 | Kuwait | 16.017 branches | |
88 | Germany | 15.869 branches | |
89 | Qatar | 15.775 branches | |
90 | Sri Lanka | 15.461 branches | |
91 | United Arab Emirates | 15.297 branches | |
92 | Austria | 15.148 branches | |
93 | Colombia | 14.935 branches | |
94 | Mexico | 14.531 branches | |
95 | Micronesia (Fed. States of) | 14.378 branches | |
96 | Indonesia | 14.29 branches | |
97 | Uruguay | 13.721 branches | |
98 | Argentina | 12.939 branches | |
99 | Namibia | 12.877 branches | |
100 | Ecuador | 12.639 branches | |
101 | Trinidad and Tobago | 12.538 branches | |
102 | El Salvador | 11.759 branches | |
103 | Maldives | 11.754 branches | |
104 | State of Palestine | 11.305 branches | |
105 | Libya | 11.282 branches | |
106 | Thailand | 11.189 branches | |
107 | Malaysia | 11.067 branches | |
108 | Suriname | 10.794 branches | |
109 | Norway | 10.718 branches | |
110 | Dominican Republic | 10.646 branches | |
111 | Fiji | 10.553 branches | |
112 | India | 10.445 branches | |
113 | Paraguay | 10.288 branches | |
114 | South Africa | 9.976 branches | |
115 | Azerbaijan | 9.944 branches | |
116 | Singapore | 9.595 branches | |
117 | Saudi Arabia | 9.011 branches | |
118 | Botswana | 8.48 branches | |
119 | Angola | 8.07 branches | |
120 | Pakistan | 7.903 branches | |
121 | Bangladesh | 7.897 branches | |
122 | Philippines | 7.633 branches | |
123 | Guyana | 7.442 branches | |
124 | Nicaragua | 7.318 branches | |
125 | Nepal | 7.181 branches | |
126 | Kyrgyzstan | 7.151 branches | |
127 | Peru | 7.083 branches | |
128 | Eswatini | 6.82 branches | |
129 | Gambia | 6.603 branches | |
130 | Tajikistan | 6.136 branches | |
131 | Jamaica | 6.134 branches | |
132 | Nigeria | 6.124 branches | |
133 | Zimbabwe | 6.066 branches | |
134 | Kiribati | 5.681 branches | |
135 | Rwanda | 5.478 branches | |
136 | Ghana | 5.44 branches | |
137 | Algeria | 5.152 branches | |
138 | Gabon | 4.999 branches | |
139 | Kenya | 4.986 branches | |
140 | Iraq | 4.855 branches | |
141 | Egypt | 4.649 branches | |
142 | Djibouti | 4.608 branches | |
143 | Mauritania | 4.581 branches | |
144 | Senegal | 4.51 branches | |
145 | Cambodia | 4.213 branches | |
146 | Togo | 4.161 branches | |
147 | Mali | 3.989 branches | |
148 | Solomon Islands | 3.974 branches | |
149 | Syrian Arab Republic | 3.948 branches | |
150 | Côte d'Ivoire | 3.936 branches | |
151 | Zambia | 3.919 branches | |
152 | Timor-Leste | 3.834 branches | |
153 | Mozambique | 3.708 branches | |
154 | Vietnam | 3.594 branches | |
155 | Liberia | 3.554 branches | |
156 | Lesotho | 3.442 branches | |
157 | Kazakhstan | 3.282 branches | |
158 | Benin | 3.083 branches | |
159 | Sudan | 3.053 branches | |
160 | Sierra Leone | 2.72 branches | |
161 | Haiti | 2.673 branches | |
162 | Equatorial Guinea | 2.609 branches | |
163 | Laos | 2.512 branches | |
164 | Uganda | 2.477 branches | |
165 | Afghanistan | 2.396 branches | |
166 | Burundi | 2.355 branches | |
167 | Guinea-Bissau | 2.292 branches | |
168 | Comoros | 2.284 branches | |
169 | Tanzania | 2.118 branches | |
170 | Burkina Faso | 2.02 branches | |
171 | Ethiopia | 1.874 branches | |
172 | Cameroon | 1.79 branches | |
173 | Myanmar | 1.689 branches | |
174 | Yemen | 1.652 branches | |
175 | Papua New Guinea | 1.602 branches | |
176 | Guinea | 1.549 branches | |
177 | Madagascar | 1.47 branches | |
178 | Niger | 1.232 branches | |
179 | Malawi | 1.071 branches | |
180 | Central African Republic | 0.939 branches | |
181 | South Sudan | 0.706 branches | |
182 | Chad | 0.658 branches | |
183 | Congo, Democratic Republic of the | 0.572 branches | |
184 | Congo | 0.512 branches |
- #1
San Marino
- #2
Spain
- #3
Luxembourg
- #4
Mongolia
- #5
Portugal
- #6
Bulgaria
- #7
Italy
- #8
Saint Kitts and Nevis
- #9
Cyprus
- #10
Republic of Moldova
Analysis: These countries represent the highest values in this dataset, showcasing significant scale and impact on global statistics.
- #184
Congo
- #183
Congo, Democratic Republic of the
- #182
Chad
- #181
South Sudan
- #180
Central African Republic
- #179
Malawi
- #178
Niger
- #177
Madagascar
- #176
Guinea
- #175
Papua New Guinea
Context: These countries or territories have the lowest values, often due to geographic size, administrative status, or specific characteristics.
Insights by country
Guinea
In 2011, Guinea ranked #176 globally with 1.5485142 branches of commercial banks per 100k adults. This figure is significantly lower than the global average, indicating limited access to banking services in the country. Contributing factors include Guinea's underdeveloped financial infrastructure, economic challenges, and a high proportion of the population living in rural areas, which further restricts banking outreach.
Finland
In 2011, Finland ranked #80 globally with 17.022507 branches of commercial banks per 100k adults. This figure is relatively low compared to other Nordic countries, which typically have higher branch densities due to smaller populations and extensive banking networks. The concentration of bank branches in urban areas and Finland's robust digital banking infrastructure have contributed to this statistic, as many consumers prefer online banking services over traditional branch visits.
Honduras
In 2011, Honduras ranked #70 globally with 19.38986 Commercial Bank Branches per 100k Adults. This figure is lower than the regional average in Central America, indicating limited access to banking services compared to its neighbors. Contributing factors include a relatively underdeveloped financial infrastructure and economic challenges that hindered investment in banking facilities.
Afghanistan
In 2011, Afghanistan ranked #165 globally with 2.3957222 Commercial Bank Branches per 100k Adults. This figure is significantly lower than many neighboring countries, reflecting a challenging financial infrastructure. The limited number of bank branches can be attributed to ongoing conflict, economic instability, and a lack of investment in the banking sector, which hampers access to financial services for the population.
Timor-Leste
In 2011, Timor-Leste ranked #152 globally with 3.8338678 Commercial Bank Branches per 100k Adults. This figure is significantly lower than the global average, indicating limited access to banking services compared to many other countries. Contributing factors include the country's nascent financial sector, which is still developing following its independence, and a relatively small population spread across a challenging geographic landscape that hampers branch establishment.
Comoros
In 2011, Comoros ranked #168 globally with 2.2844148 Commercial Bank Branches per 100k Adults. This figure is significantly lower than the global average, reflecting the challenges faced by the country's banking sector. Limited economic development, a small population, and geographic isolation contribute to the scarcity of financial institutions in Comoros, hindering access to banking services for many residents.
Slovakia
In 2011, Slovakia ranked #45 globally with 26.020807 branches per 100k Adults in terms of Commercial Bank Branches. This figure is relatively low compared to Western European countries, where branch densities are typically higher due to more extensive banking networks.
The number of bank branches in Slovakia is influenced by its developing financial sector and the concentration of banking services in urban areas, reflecting ongoing economic transitions since its independence. Additionally, the country's regulatory environment and banking policies have shaped the accessibility and distribution of financial services across its population.
Malta
In 2011, Malta ranked #17 globally with 41.498463 branches per 100k Adults for Commercial Bank Branches. This figure is notably higher than the global average, indicating a robust banking presence relative to many other countries. The high number of bank branches can be attributed to Malta's strategic location in the Mediterranean, which fosters a vibrant financial services sector, alongside a relatively small population that supports localized banking services.
Hungary
In 2011, Hungary ranked #86 globally with 16.40974 Commercial Bank Branches per 100k Adults. This figure is relatively low compared to the European average, indicating a less developed banking infrastructure. Factors contributing to this statistic include Hungary's transitional economy and the concentration of banking services in urban areas, which limits access for rural populations.
Venezuela
In 2011, Venezuela ranked #82 globally with 16.890593 branches per 100k Adults for Commercial Bank Branches. This figure is notably lower than the global average, reflecting challenges in the banking sector. The country's economic instability, driven by fluctuating oil prices and government policies, has limited the expansion of commercial banking services, impacting accessibility for the adult population.
Analysis & Context
In 2011, San Marino led the world in Commercial Bank Branches per 100k Adults with an impressive figure of 249.73. The global range for this metric varied significantly, from a low of 0.51 in the Congo to San Marino's high. The global average stood at 19.56 branches per 100,000 adults, providing a benchmark for financial accessibility worldwide.
High Density of Banking: European Leaders
Europe dominated the upper echelons of the rankings for Commercial Bank Branches per 100k Adults in 2011, reflecting a well-established financial infrastructure. San Marino topped the list, while countries like Spain (88.49), Luxembourg (85.91), and Portugal (64.13) also featured prominently. This high density can be attributed to several factors, including mature banking sectors, a high level of urbanization, and strong consumer demand for banking services. The presence of international financial centers in countries like Luxembourg further boosts the number of branches, catering not just to local populations but also to global financial activities.
Financial Deserts: The African Context
A stark contrast is seen in African nations, where financial infrastructure remains underdeveloped. Congo (0.51), the Democratic Republic of the Congo (0.57), and Chad (0.66) are at the bottom of the list. These figures highlight challenges such as political instability, low levels of financial literacy, and limited economic resources that hinder the expansion of banking services. The sparse distribution of branches limits access to financial services, impacting economic growth and financial inclusion. Efforts to improve financial accessibility in these regions often focus on mobile banking and digital financial services as alternatives to physical branches.
Year-over-Year Shifts: Movers and Shakers
Analyzing the year-over-year changes in branch density reveals dynamic shifts in certain countries. Mongolia experienced the most significant increase, with an addition of 11.09 branches, marking a 20.5% increase. This growth reflects Mongolia's rapid economic development and efforts to enhance financial accessibility. Similarly, Uzbekistan saw a rise of 7.10 branches (18.1%), and Indonesia experienced an 81.7% increase with 6.43 new branches, driven by expanding economies and financial sector reforms.
Conversely, Bulgaria saw the most considerable decrease, shedding 31.93 branches, a decline of 34.8%. This reduction could be linked to banking sector consolidation and the aftermath of the global financial crisis, which prompted many European banks to streamline operations. Saint Kitts and Nevis and Lithuania also recorded significant decreases, with drops of 11.60 (17.4%) and 10.07 (34.6%) branches, respectively, possibly due to similar economic or regulatory adjustments.
Implications of Branch Density on Financial Accessibility
The number of Commercial Bank Branches per 100k Adults is a critical indicator of financial accessibility, impacting economic participation and growth. High branch density in countries like San Marino and Luxembourg suggests robust financial inclusion, supporting consumer convenience and business operations. In contrast, low-density figures in countries such as Congo and Chad highlight significant barriers to accessing financial services, which can impede economic development and exacerbate poverty. As global economies continue to evolve, the expansion of digital banking solutions may offer a pathway to enhance financial access in regions with fewer physical branches.
Frequently Asked Questions About Commercial Bank Branches per 100k Adults in 2011
Which country had the highest number of commercial bank branches per 100,000 adults in 2011?
San Marino had the highest number of commercial bank branches per 100,000 adults in 2011, with 250 branches.
What was the lowest number of commercial bank branches per 100,000 adults in 2011?
Congo had the lowest number of commercial bank branches per 100,000 adults in 2011, with 0.51 branches.
What was the average number of commercial bank branches per 100,000 adults in 2011?
The average number of commercial bank branches per 100,000 adults in 2011 was 19.56 branches.
What was the median number of commercial bank branches per 100,000 adults in 2011?
The median number of commercial bank branches per 100,000 adults in 2011 was 15.04 branches.
Which countries were in the top 10 for commercial bank branches per 100,000 adults in 2011?
The top 10 countries in 2011 for commercial bank branches per 100,000 adults were San Marino, Spain, Luxembourg, Mongolia, Portugal, Bulgaria, Italy, Saint Kitts and Nevis, Cyprus, and the Republic of Moldova.
Which countries were in the bottom 10 for commercial bank branches per 100,000 adults in 2011?
The bottom 10 countries in 2011 for commercial bank branches per 100,000 adults were Congo, Congo (Democratic Republic of the), Chad, South Sudan, Central African Republic, Malawi, Niger, Madagascar, Guinea, and Papua New Guinea.
Data Source
Commercial bank branches | IMF Financial Access Survey via Our World in Data
Data produced by IMF Financial Access Survey, compiled and published by Our World in Data as "Commercial bank branches".
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