Commercial Bank Branches per 100k Adults 2019
Discover the number of commercial bank branches per 100,000 adults in various countries, highlighting financial accessibility.
Newer data is available: Commercial Bank Branches per 100k Adults by country 2024 β
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Rank | Actions | ||
|---|---|---|---|
1 | San Marino | 137.023 branches | |
2 | Luxembourg | 64.915 branches | |
3 | Mongolia | 63.877 branches | |
4 | Bulgaria | 60.814 branches | |
5 | Spain | 49.543 branches | |
6 | Bolivia | 44.671 branches | |
7 | Seychelles | 42.646 branches | |
8 | Saint Kitts and Nevis | 42.236 branches | |
9 | Uzbekistan | 41.045 branches | |
10 | Montenegro | 40.679 branches | |
11 | Italy | 39.093 branches | |
12 | Switzerland | 38.401 branches | |
13 | China, Macao SAR | 38.29 branches | |
14 | Portugal | 34.651 branches | |
15 | Cabo Verde | 34.218 branches | |
16 | France | 34.026 branches | |
17 | Republic of Moldova | 33.969 branches | |
18 | Georgia | 33.908 branches | |
19 | Japan | 33.742 branches | |
20 | Cyprus | 33.003 branches | |
21 | United States | 30.303 branches | |
22 | Iceland | 30.084 branches | |
23 | Belgium | 29.576 branches | |
24 | Bosnia and Herzegovina | 29.262 branches | |
25 | Croatia | 29.182 branches | |
26 | Poland | 29.034 branches | |
27 | Slovenia | 27.469 branches | |
28 | Malta | 27.318 branches | |
29 | Serbia | 27.186 branches | |
30 | North Macedonia | 27.049 branches | |
31 | Lebanon | 26.452 branches | |
32 | Russia | 25.29 branches | |
33 | Guatemala | 24.999 branches | |
34 | New Zealand | 24.995 branches | |
35 | Morocco | 24.907 branches | |
36 | Slovakia | 24.887 branches | |
37 | Australia | 24.613 branches | |
38 | Antigua and Barbuda | 24.446 branches | |
39 | Armenia | 24.057 branches | |
40 | Romania | 23.789 branches | |
41 | Hungary | 23.635 branches | |
42 | Bahamas | 23.393 branches | |
43 | Samoa | 22.463 branches | |
44 | Tunisia | 22.152 branches | |
45 | Vanuatu | 21.898 branches | |
46 | Grenada | 21.886 branches | |
47 | Ukraine | 21.229 branches | |
48 | Marshall Islands | 21.004 branches | |
49 | China, Hong Kong SAR | 20.78 branches | |
50 | Czech Republic | 20.616 branches | |
51 | Panama | 20.243 branches | |
52 | Denmark | 20.003 branches | |
53 | Canada | 19.75 branches | |
54 | Sao Tome and Principe | 19.681 branches | |
55 | Ireland | 19.542 branches | |
56 | Greece | 19.328 branches | |
57 | Costa Rica | 19.147 branches | |
58 | Brazil | 19.039 branches | |
59 | Bhutan | 18.965 branches | |
60 | Albania | 18.784 branches | |
61 | Belize | 18.727 branches | |
62 | Honduras | 18.423 branches | |
63 | Nepal | 18.27 branches | |
64 | Sri Lanka | 17.62 branches | |
65 | Saint Lucia | 17.389 branches | |
66 | Saint Vincent and the Grenadines | 17.334 branches | |
67 | Brunei Darussalam | 17.075 branches | |
68 | Bahrain | 17.039 branches | |
69 | Israel | 16.811 branches | |
70 | Dominica | 16.407 branches | |
71 | Mauritius | 16.344 branches | |
72 | Barbados | 16.093 branches | |
73 | Turkey | 15.985 branches | |
74 | Oman | 15.845 branches | |
75 | Maldives | 15.705 branches | |
76 | Indonesia | 15.511 branches | |
77 | South Korea | 15.024 branches | |
78 | Aruba | 14.613 branches | |
79 | Colombia | 14.516 branches | |
80 | India | 14.402 branches | |
81 | Sweden | 14.293 branches | |
82 | Kazakhstan | 14.234 branches | |
83 | Mexico | 13.962 branches | |
84 | State of Palestine | 13.786 branches | |
85 | Jordan | 13.567 branches | |
86 | Micronesia (Fed. States of) | 13.548 branches | |
87 | Argentina | 13.341 branches | |
88 | Chile | 12.757 branches | |
89 | Mauritania | 12.347 branches | |
90 | Dominican Republic | 12.191 branches | |
91 | Kuwait | 12.048 branches | |
92 | Paraguay | 11.94 branches | |
93 | Austria | 11.883 branches | |
94 | Trinidad and Tobago | 11.562 branches | |
95 | Libya | 11.51 branches | |
96 | Suriname | 11.106 branches | |
97 | Germany | 10.956 branches | |
98 | Thailand | 10.904 branches | |
99 | Fiji | 10.872 branches | |
100 | El Salvador | 10.718 branches | |
101 | Namibia | 10.536 branches | |
102 | Qatar | 10.423 branches | |
103 | Pakistan | 10.245 branches | |
104 | United Arab Emirates | 10.085 branches | |
105 | Lithuania | 10.015 branches | |
106 | Uruguay | 9.993 branches | |
107 | Malaysia | 9.728 branches | |
108 | Latvia | 9.697 branches | |
109 | Ecuador | 9.643 branches | |
110 | Saudi Arabia | 9.412 branches | |
111 | Netherlands | 9.229 branches | |
112 | South Africa | 9.227 branches | |
113 | Botswana | 9.189 branches | |
114 | Bangladesh | 9.137 branches | |
115 | Philippines | 9.08 branches | |
116 | Angola | 9.026 branches | |
117 | Nicaragua | 9.003 branches | |
118 | Estonia | 8.928 branches | |
119 | China | 8.84 branches | |
120 | Djibouti | 8.725 branches | |
121 | Ghana | 8.576 branches | |
122 | Cambodia | 8.331 branches | |
123 | Jamaica | 8.128 branches | |
124 | Guyana | 8.051 branches | |
125 | Kyrgyzstan | 7.813 branches | |
126 | Singapore | 7.809 branches | |
127 | Azerbaijan | 7.033 branches | |
128 | Egypt | 6.654 branches | |
129 | Peru | 6.63 branches | |
130 | Eswatini | 6.14 branches | |
131 | Gambia | 6.08 branches | |
132 | Timor-Leste | 6.06 branches | |
133 | Myanmar | 5.717 branches | |
134 | Equatorial Guinea | 5.31 branches | |
135 | Algeria | 5.288 branches | |
136 | Rwanda | 5.254 branches | |
137 | Togo | 5.201 branches | |
138 | Senegal | 5.015 branches | |
139 | Kenya | 4.973 branches | |
140 | Mozambique | 4.66 branches | |
141 | Mali | 4.654 branches | |
142 | CΓ΄te d'Ivoire | 4.623 branches | |
143 | Tajikistan | 4.579 branches | |
144 | Nigeria | 4.552 branches | |
145 | Finland | 4.478 branches | |
146 | Congo | 4.232 branches | |
147 | Vietnam | 4.023 branches | |
148 | Comoros | 3.932 branches | |
149 | Lesotho | 3.823 branches | |
150 | Iraq | 3.815 branches | |
151 | Benin | 3.7 branches | |
152 | Zimbabwe | 3.624 branches | |
153 | Guinea-Bissau | 3.613 branches | |
154 | Solomon Islands | 3.585 branches | |
155 | Zambia | 3.131 branches | |
156 | Laos | 3.125 branches | |
157 | Liberia | 3.062 branches | |
158 | Burkina Faso | 2.974 branches | |
159 | Burundi | 2.913 branches | |
160 | Sierra Leone | 2.812 branches | |
161 | Haiti | 2.766 branches | |
162 | Tanzania | 2.675 branches | |
163 | Guinea | 2.624 branches | |
164 | Uganda | 2.616 branches | |
165 | Madagascar | 2.358 branches | |
166 | Malawi | 2.23 branches | |
167 | Cameroon | 2.198 branches | |
168 | Afghanistan | 2.042 branches | |
169 | Niger | 1.611 branches | |
170 | South Sudan | 1.547 branches | |
171 | Papua New Guinea | 1.457 branches | |
172 | Chad | 0.82 branches | |
173 | Congo, Democratic Republic of the | 0.629 branches |
- #1
San Marino
- #2
Luxembourg
- #3
Mongolia
- #4
Bulgaria
- #5
Spain
- #6
Bolivia
- #7
Seychelles
- #8
Saint Kitts and Nevis
- #9
Uzbekistan
- #10
Montenegro
Analysis: These countries represent the highest values in this dataset, showcasing significant scale and impact on global statistics.
- #173
Congo, Democratic Republic of the
- #172
Chad
- #171
Papua New Guinea
- #170
South Sudan
- #169
Niger
- #168
Afghanistan
- #167
Cameroon
- #166
Malawi
- #165
Madagascar
- #164
Uganda
Context: These countries or territories have the lowest values, often due to geographic size, administrative status, or specific characteristics.
Insights by country
Brunei Darussalam
In 2019, Brunei Darussalam ranked #67 globally with 17.075367 branches of commercial banks per 100k adults. This figure is relatively low compared to many developed nations, reflecting a more concentrated banking sector. The country's small population and wealth, driven by oil and gas revenues, contribute to a banking landscape that prioritizes efficiency over widespread branch networks.
Cambodia
In 2019, Cambodia ranked #122 globally with 8.331303 branches per 100k Adults for Commercial Bank Branches. This figure is below the global average and reflects a developing banking infrastructure compared to regional neighbors like Thailand, which has a significantly higher number of branches. Key drivers of this statistic include Cambodia's rapid economic growth, which has not yet fully translated into banking accessibility, and a younger population that is increasingly engaging with digital financial services.
Sri Lanka
Sri Lanka ranked #64 globally with 17.62026 branches per 100k Adults in 2019. This figure is notably lower than the global average, indicating a modest banking infrastructure compared to countries with more developed financial systems. The relatively low number of commercial bank branches can be attributed to Sri Lanka's ongoing economic challenges and a focus on digital banking solutions, which have gained traction in urban areas.
Bahamas
In 2019, the Bahamas ranked #42 globally with 23.39307 branches of commercial banks per 100k adults. This figure is notably higher than the global average, reflecting the country's robust financial services sector. The high number of bank branches is driven by the Bahamas' status as a major offshore financial center, attracting international business and tourism, which boosts demand for banking services.
Azerbaijan
Azerbaijan ranked #127 globally with 7.0329847 branches of commercial banks per 100k adults in 2019. This figure is notably lower than the global average, reflecting the country's developing banking infrastructure. Contributing factors include a relatively small population and ongoing economic reforms aimed at increasing financial inclusion and competitiveness in the banking sector.
Bhutan
In 2019, Bhutan ranked #59 globally with 18.964994 branches per 100k Adults for Commercial Bank Branches. This figure is relatively low compared to the global average, indicating limited access to banking services in comparison to countries with higher financial infrastructure. The concentration of bank branches in urban areas, coupled with Bhutan's small population and mountainous geography, contributes to this statistic, as rural communities often face challenges in accessing banking facilities.
Benin
In 2019, Benin ranked #151 globally with 3.7001853 branches of commercial banks per 100k adults. This figure is significantly lower than the global average, indicating limited access to banking services compared to more developed nations.
The low number of bank branches can be attributed to Benin's developing economy, where financial inclusion remains a challenge due to factors such as limited infrastructure and a high proportion of the population engaged in informal sectors. Additionally, government efforts to enhance banking access have yet to yield substantial improvements in branch density.
Congo, Democratic Republic of the
Congo, Democratic Republic of the ranked #173 with 0.6293274 branches of Commercial Bank Branches per 100k Adults in 2019. This figure places it at the bottom of the global scale, with no other country reporting fewer branches per capita. The lack of commercial bank branches is primarily driven by ongoing economic challenges, limited infrastructure, and a significant informal economy that hampers formal banking access.
Burundi
In 2019, Burundi ranked #159 globally with 2.913486 branches per 100k Adults for Commercial Bank Branches. This figure is significantly lower than the global average, reflecting limited access to banking services in the country. Contributing factors include Burundi's underdeveloped financial infrastructure and economic challenges, which hinder the establishment of banking institutions and limit financial inclusion for its population.
Afghanistan
In 2019, Afghanistan ranked #168 globally with 2.0416758 Commercial Bank Branches per 100k Adults. This figure is significantly lower than many neighboring countries, reflecting limited access to banking services in the region. Contributing factors include ongoing conflict, economic instability, and a lack of infrastructure, which hinder the establishment and operation of financial institutions.
Analysis & Context
In 2019, San Marino led the world with the highest number of Commercial Bank Branches per 100k Adults, boasting a remarkable 137.02 branches. This year saw a global range from a minimum of 0.63 branches in the Democratic Republic of the Congo to San Marino's maximum, illustrating significant disparities in financial accessibility across countries. The global average stood at 16.68 branches, offering a benchmark for understanding financial infrastructure worldwide.
Economic Prosperity and Banking Density
One of the most striking patterns is the correlation between economic prosperity and the density of bank branches. San Marino, with its exceptionally high number of branches, reflects its status as a wealthy microstate with a robust financial sector. Similarly, Luxembourg and Monaco, known for their affluent economies, have 64.91 and 63.88 branches per 100k adults, respectively. These countries benefit from strong economies and a high demand for banking services, driven by both local and international financial activities. In contrast, countries with lower economic development, such as the Democratic Republic of the Congo and Chad, have fewer than 1 branch per 100k adults, reflecting limited financial infrastructure and access.
Geographical and Demographic Influences
Geography and demographics play crucial roles in shaping the banking landscape. For instance, Mongolia, despite its vast geographic expanse, has a surprisingly high branch density of 63.88. This may be attributed to targeted policies aimed at increasing financial access in rural areas. On the other hand, countries with challenging terrains and dispersed populations, such as Papua New Guinea with 1.46 branches, struggle with banking accessibility. Demographic factors, such as urbanization rates, also influence these numbers. Countries like Spain (with 49.54 branches) benefit from higher urbanization, which supports a denser network of bank branches.
Policy and Regulatory Impact
Government policies and regulatory environments significantly impact the number of bank branches. Bulgaria experienced a notable increase, reaching 60.81 branches due to regulatory frameworks that encouraged banking expansion. Uzbekistan saw a similar increase, with 41.04 branches, driven by reforms aimed at financial inclusion. Conversely, San Marino faced a substantial decrease of -38.16 branches, reflecting potential regulatory tightening or shifts in banking strategies.
Year-over-Year Dynamics
Analyzing year-over-year changes reveals dynamic shifts in the banking sector. Hungary showed the most significant increase with a rise of 9.31 branches (a 65.0% increase), possibly due to economic recovery and expansion initiatives. In contrast, Cyprus and Spain experienced significant decreases, with reductions of -6.12 and -5.58 branches, respectively. These declines might be linked to banking consolidations or economic challenges, reflecting broader trends of branch closures in response to digital banking advancements.
Overall, the 2019 data on Commercial Bank Branches per 100k Adults underscores the profound impact of economic conditions, geographic factors, and regulatory environments on financial accessibility. As digital banking continues to evolve, these figures may shift, highlighting the ongoing need for adaptable financial strategies worldwide.
Frequently Asked Questions About Commercial Bank Branches per 100k Adults in 2019
Which country had the highest number of commercial bank branches per 100,000 adults in 2019?
San Marino had the highest number of commercial bank branches per 100,000 adults in 2019, with 137 branches.
Which country had the lowest number of commercial bank branches per 100,000 adults in 2019?
The Democratic Republic of the Congo had the lowest number of commercial bank branches per 100,000 adults in 2019, with 0.63 branches.
What was the average number of commercial bank branches per 100,000 adults across all countries in 2019?
The average number of commercial bank branches per 100,000 adults across all countries in 2019 was 16.68 branches.
What was the median number of commercial bank branches per 100,000 adults in 2019?
The median number of commercial bank branches per 100,000 adults in 2019 was 13.34 branches.
How many countries were included in the dataset for commercial bank branches per 100,000 adults in 2019?
The dataset included 173 countries for the number of commercial bank branches per 100,000 adults in 2019.
Which countries were in the top 3 for the number of commercial bank branches per 100,000 adults in 2019?
The top 3 countries for the number of commercial bank branches per 100,000 adults in 2019 were San Marino with 137 branches, Luxembourg with 64.91 branches, and Mongolia with 63.88 branches.
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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