Bank branches — all countries

Bank branches — Gambia

Bank branches in the Gambia in 2024 — 5.64 per 100k. Ranked 120 in the world out of 153. Since 2004, the indicator has risen by 146.2%.

2024 5.64 per 100k −0.91% vs 2023
World rank 120of 153
Period maximum 6.83 per 100k2010
Period minimum 2.29 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Gambia, 2004–202402468200420062008201020122014201620182020202220242004: 2.29 per 100k2005: 2.55 per 100k2006: 3.22 per 100k2007: 4.04 per 100k2008: 5.11 per 100k2009: 6.29 per 100k2010: 6.83 per 100k2011: 6.6 per 100k2012: 6.56 per 100k2013: 6.61 per 100k2014: 6.57 per 100k2015: 6.69 per 100k2016: 6.57 per 100k2017: 6.52 per 100k2018: 6.26 per 100k2019: 6.08 per 100k2020: 5.9 per 100k2021: 5.85 per 100k2022: 5.8 per 100k2023: 5.69 per 100k2024: 5.64 per 100k
Change over the period: +3.35 (+146.22%) Average annual rate: 4.61 %

Comparison, 2024

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

Gambia 5.64 per 100k
World 11.12 per 100k
Sub-Saharan Africa 4.01 per 100k
Western Africa computed 3.62 per 100k
Bank branches — Gambia, by year Gambia All countries CSV XLSX
Year per 100k Change Change, %
2024 5.64 −0.05 −0.91%
2023 5.69 −0.11 −1.95%
2022 5.8 −0.05 −0.82%
2021 5.85 −0.05 −0.79%
2020 5.9 −0.18 −2.98%
2019 6.08 −0.18 −2.91%
2018 6.26 −0.26 −4.03%
2017 6.52 −0.04 −0.65%
2016 6.57 −0.12 −1.82%
2015 6.69 +0.12 +1.81%
2014 6.57 −0.04 −0.62%
2013 6.61 +0.05 +0.71%
2012 6.56 −0.04 −0.57%
2011 6.6 −0.22 −3.28%
2010 6.83 +0.54 +8.55%
2009 6.29 +1.18 +23.15%
2008 5.11 +1.07 +26.36%
2007 4.04 +0.82 +25.65%
2006 3.22 +0.67 +26.15%
2005 2.55 +0.26 +11.33%
2004 2.29

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.