Bank branches — all countries

Bank branches — Ethiopia

Bank branches in Ethiopia in 2023 — 14.26 per 100k. Ranked 67 in the world out of 158. Since 2004, the indicator has risen by 1,602.5%.

2023 14.26 per 100k +20.15% vs 2022
World rank 67of 158
Period maximum 14.26 per 100k2023
Period minimum 0.84 per 100k2004

Trend over time

2004–2023 · per 100,000 adults

Bank branches — Ethiopia, 2004–2023051015200420062008201020122014201620182020202220232004: 0.84 per 100k2005: 0.92 per 100k2006: 0.94 per 100k2007: 1.07 per 100k2008: 1.19 per 100k2009: 1.3 per 100k2010: 1.35 per 100k2011: 1.87 per 100k2012: 2.89 per 100k2022: 11.87 per 100k2023: 14.26 per 100k
Change over the period: +13.42 (+1,602.54%) Average annual rate: 16.09 %

Comparison, 2023

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

Ethiopia 14.26 per 100k
World 10.72 per 100k
Sub-Saharan Africa 3.69 per 100k
Eastern Africa computed 6.44 per 100k
Bank branches — Ethiopia, by year Ethiopia All countries CSV XLSX
Year per 100k Change Change, %
2023 14.26 +2.39 +20.15%
2022 11.87
2012 2.89 +1.01 +54.05%
2011 1.87 +0.53 +38.94%
2010 1.35 +0.04 +3.36%
2009 1.3 +0.12 +9.98%
2008 1.19 +0.11 +10.6%
2007 1.07 +0.14 +14.52%
2006 0.94 +0.02 +2.37%
2005 0.92 +0.08 +9.25%
2004 0.84

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.