Bank branches — all countries

Bank branches — Georgia

Bank branches in Georgia in 2024 — 31.62 per 100k. Ranked 16 in the world out of 153. Since 2004, the indicator has risen by 208.8%.

2024 31.62 per 100k +0.61% vs 2023
World rank 16of 153
Period maximum 33.91 per 100k2019
Period minimum 10.24 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Georgia, 2004–2024010203040200420062008201020122014201620182020202220242004: 10.24 per 100k2005: 11.72 per 100k2006: 14.03 per 100k2007: 17.06 per 100k2008: 21.86 per 100k2009: 20.82 per 100k2010: 21.37 per 100k2011: 23.76 per 100k2012: 28.14 per 100k2013: 33.01 per 100k2014: 32.53 per 100k2015: 32.35 per 100k2016: 32.97 per 100k2017: 33.52 per 100k2018: 31.81 per 100k2019: 33.91 per 100k2020: 31.96 per 100k2021: 31.61 per 100k2022: 31.31 per 100k2023: 31.43 per 100k2024: 31.62 per 100k
Change over the period: +21.38 (+208.79%) Average annual rate: 5.8 %

Comparison, 2024

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

Georgia 31.62 per 100k
World 11.12 per 100k
Europe & Central Asia 18.97 per 100k
Western Asia computed 10.53 per 100k
Upper-middle-income countries computed 10.22 per 100k
Bank branches — Georgia, by year Georgia All countries CSV XLSX
Year per 100k Change Change, %
2024 31.62 +0.19 +0.61%
2023 31.43 +0.12 +0.38%
2022 31.31 −0.3 −0.94%
2021 31.61 −0.36 −1.11%
2020 31.96 −1.94 −5.74%
2019 33.91 +2.09 +6.58%
2018 31.81 −1.71 −5.1%
2017 33.52 +0.56 +1.69%
2016 32.97 +0.62 +1.91%
2015 32.35 −0.18 −0.56%
2014 32.53 −0.48 −1.46%
2013 33.01 +4.87 +17.31%
2012 28.14 +4.38 +18.45%
2011 23.76 +2.39 +11.18%
2010 21.37 +0.54 +2.61%
2009 20.82 −1.04 −4.75%
2008 21.86 +4.8 +28.14%
2007 17.06 +3.03 +21.62%
2006 14.03 +2.31 +19.68%
2005 11.72 +1.48 +14.46%
2004 10.24

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.