Bank branches — all countries

Bank branches — Barbados

Bank branches in Barbados in 2024 — 13.26 per 100k. Ranked 72 in the world out of 153. Since 2006, the indicator has fallen by 32.4%.

2024 13.26 per 100k −0.34% vs 2023
World rank 72of 153
Period maximum 21.41 per 100k2014
Period minimum 12.92 per 100k2022

Trend over time

2006–2024 · per 100,000 adults

Bank branches — Barbados, 2006–202412.51517.52022.520062008201020122014201620182020202220242006: 19.62 per 100k2007: 19.93 per 100k2008: 19.79 per 100k2009: 19.21 per 100k2010: 19.11 per 100k2011: 20.38 per 100k2012: 21.18 per 100k2013: 19.73 per 100k2014: 21.41 per 100k2015: 16.41 per 100k2016: 16.76 per 100k2017: 17.55 per 100k2018: 17.47 per 100k2019: 16.09 per 100k2020: 15.16 per 100k2021: 14.25 per 100k2022: 12.92 per 100k2023: 13.31 per 100k2024: 13.26 per 100k
Change over the period: −6.36 (−32.42%) Average annual rate: -2.15 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Barbados

Barbados 13.26 per 100k
World 11.12 per 100k
Latin America & Caribbean 11.58 per 100k
Bank branches — Barbados, by year Barbados All countries CSV XLSX
Year per 100k Change Change, %
2024 13.26 −0.05 −0.34%
2023 13.31 +0.39 +3.03%
2022 12.92 −1.33 −9.34%
2021 14.25 −0.92 −6.05%
2020 15.16 −0.93 −5.78%
2019 16.09 −1.38 −7.89%
2018 17.47 −0.08 −0.46%
2017 17.55 +0.79 +4.72%
2016 16.76 +0.35 +2.13%
2015 16.41 −5 −23.34%
2014 21.41 +1.68 +8.52%
2013 19.73 −1.45 −6.86%
2012 21.18 +0.8 +3.93%
2011 20.38 +1.27 +6.63%
2010 19.11 −0.1 −0.52%
2009 19.21 −0.58 −2.92%
2008 19.79 −0.14 −0.71%
2007 19.93 +0.31 +1.56%
2006 19.62

About the indicator

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.