Bank branches in Armenia in 2024 — 22.69 per 100k. Ranked 30 in the world out of 153. Since 2004, the indicator has risen by 121.2%.
2004–2024 · per 100,000 adults
How the value compares with the world and the groups this territory belongs to: Armenia
| Year | per 100k | Change | Change, % |
|---|---|---|---|
| 2024 | 22.69 | −0.2 | −0.87% |
| 2023 | 22.89 | −1.27 | −5.26% |
| 2022 | 24.17 | +0.1 | +0.41% |
| 2021 | 24.07 | −0.3 | −1.22% |
| 2020 | 24.36 | +0.31 | +1.28% |
| 2019 | 24.06 | +0.64 | +2.74% |
| 2018 | 23.41 | +0.54 | +2.36% |
| 2017 | 22.87 | +0.18 | +0.81% |
| 2016 | 22.69 | −0.1 | −0.43% |
| 2015 | 22.79 | +0.84 | +3.82% |
| 2014 | 21.95 | +1.11 | +5.33% |
| 2013 | 20.84 | +0.56 | +2.74% |
| 2012 | 20.28 | +1.32 | +6.97% |
| 2011 | 18.96 | +1.46 | +8.34% |
| 2010 | 17.5 | +0.81 | +4.85% |
| 2009 | 16.69 | +0.49 | +3.04% |
| 2008 | 16.2 | +1.4 | +9.43% |
| 2007 | 14.8 | +1.94 | +15.11% |
| 2006 | 12.86 | +1.24 | +10.67% |
| 2005 | 11.62 | +1.36 | +13.28% |
| 2004 | 10.26 | — | — |
The same indicator for neighboring countries — with links to their pages
The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.
Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.
Source: World Development Indicators (World Bank), license CC BY 4.0.
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