Bank branches — all countries

Bank branches — Jamaica

Bank branches in Jamaica in 2024 — 6.93 per 100k. Ranked 111 in the world out of 153. Since 2004, the indicator has fallen by 3.4%.

2024 6.93 per 100k −1.13% vs 2023
World rank 111of 153
Period maximum 8.13 per 100k2019
Period minimum 5.18 per 100k2014

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Jamaica, 2004–202456789200420062008201020122014201620182020202220242004: 7.18 per 100k2005: 6.92 per 100k2006: 6.87 per 100k2007: 6.82 per 100k2008: 6.98 per 100k2009: 6.62 per 100k2010: 6.28 per 100k2011: 6.13 per 100k2012: 6.04 per 100k2013: 5.72 per 100k2014: 5.18 per 100k2015: 5.26 per 100k2016: 5.21 per 100k2017: 7.95 per 100k2018: 8.11 per 100k2019: 8.13 per 100k2020: 7.74 per 100k2021: 7.54 per 100k2022: 7.1 per 100k2023: 7.01 per 100k2024: 6.93 per 100k
Change over the period: −0.24 (−3.39%) Average annual rate: -0.17 %

Comparison, 2024

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

Jamaica 6.93 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 — Jamaica, by year Jamaica All countries CSV XLSX
Year per 100k Change Change, %
2024 6.93 −0.08 −1.13%
2023 7.01 −0.08 −1.19%
2022 7.1 −0.44 −5.86%
2021 7.54 −0.2 −2.6%
2020 7.74 −0.39 −4.8%
2019 8.13 +0.02 +0.28%
2018 8.11 +0.16 +1.96%
2017 7.95 +2.74 +52.54%
2016 5.21 −0.05 −1%
2015 5.26 +0.08 +1.59%
2014 5.18 −0.54 −9.47%
2013 5.72 −0.32 −5.31%
2012 6.04 −0.09 −1.45%
2011 6.13 −0.14 −2.26%
2010 6.28 −0.35 −5.24%
2009 6.62 −0.36 −5.1%
2008 6.98 +0.16 +2.27%
2007 6.82 −0.05 −0.71%
2006 6.87 −0.05 −0.65%
2005 6.92 −0.26 −3.6%
2004 7.18

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.