Bank branches — all countries

Bank branches — Iraq

Bank branches in Iraq in 2024 — 3.33 per 100k. Ranked 139 in the world out of 153. Since 2006, the indicator has risen by 1.2%.

2024 3.33 per 100k +3.28% vs 2023
World rank 139of 153
Period maximum 5.24 per 100k2012
Period minimum 3.22 per 100k2023

Trend over time

2006–2024 · per 100,000 adults

Bank branches — Iraq, 2006–2024345620062008201020122014201620182020202220242006: 3.29 per 100k2007: 3.34 per 100k2008: 3.34 per 100k2009: 4.62 per 100k2010: 5.02 per 100k2011: 4.85 per 100k2012: 5.24 per 100k2013: 5.11 per 100k2014: 5.01 per 100k2015: 4.68 per 100k2016: 3.92 per 100k2017: 3.85 per 100k2018: 4.25 per 100k2019: 3.81 per 100k2020: 3.73 per 100k2021: 3.67 per 100k2022: 3.44 per 100k2023: 3.22 per 100k2024: 3.33 per 100k
Change over the period: +0.04 (+1.22%) Average annual rate: 0.07 %

Comparison, 2024

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

Iraq 3.33 per 100k
World 11.12 per 100k
Western Asia computed 10.53 per 100k
Upper-middle-income countries computed 10.22 per 100k
Bank branches — Iraq, by year Iraq All countries CSV XLSX
Year per 100k Change Change, %
2024 3.33 +0.11 +3.28%
2023 3.22 −0.22 −6.38%
2022 3.44 −0.23 −6.19%
2021 3.67 −0.06 −1.69%
2020 3.73 −0.09 −2.25%
2019 3.81 −0.43 −10.22%
2018 4.25 +0.4 +10.47%
2017 3.85 −0.07 −1.81%
2016 3.92 −0.77 −16.37%
2015 4.68 −0.32 −6.48%
2014 5.01 −0.11 −2.06%
2013 5.11 −0.13 −2.48%
2012 5.24 +0.39 +8%
2011 4.85 −0.16 −3.21%
2010 5.02 +0.4 +8.65%
2009 4.62 +1.28 +38.33%
2008 3.34 −0.01 −0.19%
2007 3.34 +0.06 +1.78%
2006 3.29

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.