Bank branches in Cyprus in 2024 — 18.51 per 100k. Ranked 43 in the world out of 153. Since 2004, the indicator has fallen by 72.4%.
2004–2024 · per 100,000 adults
How the value compares with the world and the groups this territory belongs to: Cyprus
| Year | per 100k | Change | Change, % |
|---|---|---|---|
| 2024 | 18.51 | −1.15 | −5.87% |
| 2023 | 19.66 | −0.91 | −4.43% |
| 2022 | 20.57 | −5.36 | −20.67% |
| 2021 | 25.93 | −2.48 | −8.73% |
| 2020 | 28.41 | −4.59 | −13.91% |
| 2019 | 33 | −6.12 | −15.65% |
| 2018 | 39.12 | −7.82 | −16.66% |
| 2017 | 46.94 | +14.83 | +46.16% |
| 2016 | 32.12 | −1.94 | −5.7% |
| 2015 | 34.06 | −1.83 | −5.09% |
| 2014 | 35.89 | −1.61 | −4.3% |
| 2013 | 37.5 | −12.69 | −25.28% |
| 2012 | 50.19 | −3.69 | −6.84% |
| 2011 | 53.87 | −2.73 | −4.83% |
| 2010 | 56.61 | −2.49 | −4.21% |
| 2009 | 59.1 | −1.07 | −1.78% |
| 2008 | 60.17 | +0.34 | +0.58% |
| 2007 | 59.83 | −0.23 | −0.38% |
| 2006 | 60.05 | −2.14 | −3.43% |
| 2005 | 62.19 | −4.78 | −7.14% |
| 2004 | 66.97 | — | — |
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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