Bank branches — all countries

Bank branches — Ghana

Bank branches in Ghana in 2024 — 5.89 per 100k. Ranked 118 in the world out of 153. Since 2004, the indicator has risen by 89.8%.

2024 5.89 per 100k +0.8% vs 2023
World rank 118of 153
Period maximum 11.87 per 100k2021
Period minimum 3.1 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Ghana, 2004–2024051015200420062008201020122014201620182020202220242004: 3.1 per 100k2005: 3.27 per 100k2006: 3.64 per 100k2007: 4.61 per 100k2008: 4.81 per 100k2009: 5.14 per 100k2010: 5.42 per 100k2011: 5.44 per 100k2012: 5.74 per 100k2013: 5.9 per 100k2014: 6.13 per 100k2015: 7.22 per 100k2016: 7.21 per 100k2017: 8.68 per 100k2018: 8.82 per 100k2019: 8.58 per 100k2020: 6.35 per 100k2021: 11.87 per 100k2022: 6.11 per 100k2023: 5.85 per 100k2024: 5.89 per 100k
Change over the period: +2.79 (+89.82%) Average annual rate: 3.26 %

Comparison, 2024

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

Ghana 5.89 per 100k
World 11.12 per 100k
Sub-Saharan Africa 4.01 per 100k
Western Africa computed 3.62 per 100k
Lower-middle-income countries computed 11.99 per 100k
Bank branches — Ghana, by year Ghana All countries CSV XLSX
Year per 100k Change Change, %
2024 5.89 +0.05 +0.8%
2023 5.85 −0.26 −4.28%
2022 6.11 −5.76 −48.54%
2021 11.87 +5.52 +87.05%
2020 6.35 −2.23 −26.01%
2019 8.58 −0.24 −2.74%
2018 8.82 +0.13 +1.53%
2017 8.68 +1.47 +20.4%
2016 7.21 −0 −0.07%
2015 7.22 +1.09 +17.76%
2014 6.13 +0.23 +3.86%
2013 5.9 +0.16 +2.87%
2012 5.74 +0.3 +5.45%
2011 5.44 +0.02 +0.38%
2010 5.42 +0.28 +5.4%
2009 5.14 +0.33 +6.9%
2008 4.81 +0.2 +4.39%
2007 4.61 +0.97 +26.64%
2006 3.64 +0.37 +11.27%
2005 3.27 +0.16 +5.3%
2004 3.1

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.