Bank branches — all countries

Bank branches — Dominican Republic

Bank branches in the Dominican Republic in 2024 — 11.12 per 100k. Ranked 85 in the world out of 153. Since 2004, the indicator has risen by 11.7%.

2024 11.12 per 100k +2.32% vs 2023
World rank 85of 153
Period maximum 12.63 per 100k2017
Period minimum 9.89 per 100k2006

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Dominican Republic, 2004–2024910111213200420062008201020122014201620182020202220242004: 9.96 per 100k2005: 9.92 per 100k2006: 9.89 per 100k2007: 9.9 per 100k2008: 10.03 per 100k2009: 10.19 per 100k2010: 10.22 per 100k2011: 10.65 per 100k2012: 10.48 per 100k2013: 11.65 per 100k2014: 11.56 per 100k2015: 12.55 per 100k2016: 12.57 per 100k2017: 12.63 per 100k2018: 12.42 per 100k2019: 12.19 per 100k2020: 11.58 per 100k2021: 11.11 per 100k2022: 10.85 per 100k2023: 10.87 per 100k2024: 11.12 per 100k
Change over the period: +1.16 (+11.67%) Average annual rate: 0.55 %

Comparison, 2024

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

Dominican Republic 11.12 per 100k
World 11.12 per 100k
Latin America & Caribbean 11.58 per 100k
Upper-middle-income countries computed 10.22 per 100k
Bank branches — Dominican Republic, by year Dominican Republic All countries CSV XLSX
Year per 100k Change Change, %
2024 11.12 +0.25 +2.32%
2023 10.87 +0.02 +0.18%
2022 10.85 −0.27 −2.39%
2021 11.11 −0.47 −4.05%
2020 11.58 −0.61 −5%
2019 12.19 −0.22 −1.81%
2018 12.42 −0.21 −1.68%
2017 12.63 +0.06 +0.44%
2016 12.57 +0.03 +0.21%
2015 12.55 +0.99 +8.57%
2014 11.56 −0.09 −0.78%
2013 11.65 +1.17 +11.17%
2012 10.48 −0.17 −1.6%
2011 10.65 +0.42 +4.14%
2010 10.22 +0.03 +0.33%
2009 10.19 +0.16 +1.56%
2008 10.03 +0.13 +1.32%
2007 9.9 +0.01 +0.09%
2006 9.89 −0.02 −0.24%
2005 9.92 −0.04 −0.41%
2004 9.96

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.