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Bank branches — all countries

Bank branches — Grenada

Bank branches in Grenada in 2024 — 15.89 per 100k. Ranked 54 in the world out of 153. Since 2004, the indicator has fallen by 54.1%.

2024 15.89 per 100k −6.82% vs 2023
World rank 54of 153
Period maximum 34.64 per 100k2004
Period minimum 15.89 per 100k2024

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Grenada, 2004–20241520253035200420062008201020122014201620182020202220242004: 34.64 per 100k2005: 31.49 per 100k2006: 30.97 per 100k2007: 30.52 per 100k2008: 30.13 per 100k2009: 29.78 per 100k2010: 29.48 per 100k2011: 30.37 per 100k2012: 31.23 per 100k2013: 30.92 per 100k2014: 30.62 per 100k2015: 30.33 per 100k2016: 22.29 per 100k2017: 22.15 per 100k2018: 22.02 per 100k2019: 21.89 per 100k2020: 19.56 per 100k2021: 20.5 per 100k2022: 20.37 per 100k2023: 17.05 per 100k2024: 15.89 per 100k
Change over the period: −18.75 (−54.14%) Average annual rate: -3.82 %

Comparison, 2024

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

Grenada 15.89 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 — Grenada, by year Grenada All countries CSV XLSX
Year per 100k Change Change, %
2024 15.89 −1.16 −6.82%
2023 17.05 −3.32 −16.3%
2022 20.37 −0.13 −0.63%
2021 20.5 +0.94 +4.8%
2020 19.56 −2.33 −10.63%
2019 21.89 −0.13 −0.61%
2018 22.02 −0.13 −0.61%
2017 22.15 −0.14 −0.61%
2016 22.29 −8.04 −26.5%
2015 30.33 −0.29 −0.94%
2014 30.62 −0.3 −0.97%
2013 30.92 −0.31 −1%
2012 31.23 +0.86 +2.83%
2011 30.37 +0.89 +3.01%
2010 29.48 −0.3 −1.01%
2009 29.78 −0.34 −1.14%
2008 30.13 −0.39 −1.29%
2007 30.52 −0.45 −1.46%
2006 30.97 −0.52 −1.65%
2005 31.49 −3.15 −9.09%
2004 34.64 — —

Caribbean, 2024

The same indicator for neighboring countries — with links to their pages

KN Saint Kitts and Nevis 33.92 BS Bahamas 22.16 VC Saint Vincent and the Grenadines 17.68 AG Antigua and Barbuda 16.87 GD Grenada 15.89 LC Saint Lucia 14.84 BB Barbados 13.26 DO Dominican Republic 11.12 DM Dominica 11.04 TT Trinidad and Tobago 10.49 AW Aruba 10.06 JM Jamaica 6.93
Full table for all countries

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.

Other indicators for Grenada

Finance Credit to the private sector

The volume of bank lending to businesses and households as a percent of GDP.

Grenada by year Finance Bank capital to assets ratio

A measure of the soundness of a banking system: how much capital of its own a bank holds per dollar of assets.

Grenada by year Internet Mobile cellular subscriptions

The number of mobile subscriptions per 100 people — often more than 100.

Grenada by year
All indicators for Grenada