Bank branches — all countries

Bank branches — Kenya

Bank branches in Kenya in 2024 — 4.52 per 100k. Ranked 126 in the world out of 153. Since 2004, the indicator has risen by 61.7%.

2024 4.52 per 100k +0.93% vs 2023
World rank 126of 153
Period maximum 5.73 per 100k2015
Period minimum 2.67 per 100k2005

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Kenya, 2004–202423456200420062008201020122014201620182020202220242004: 2.79 per 100k2005: 2.67 per 100k2006: 2.76 per 100k2007: 3.58 per 100k2008: 4.14 per 100k2009: 4.42 per 100k2010: 4.72 per 100k2011: 4.99 per 100k2012: 5.27 per 100k2013: 5.39 per 100k2014: 5.61 per 100k2015: 5.73 per 100k2016: 5.53 per 100k2017: 5.38 per 100k2018: 5.18 per 100k2019: 4.97 per 100k2020: 4.86 per 100k2021: 4.59 per 100k2022: 4.51 per 100k2023: 4.48 per 100k2024: 4.52 per 100k
Change over the period: +1.73 (+61.74%) Average annual rate: 2.43 %

Comparison, 2024

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

Kenya 4.52 per 100k
World 11.12 per 100k
Sub-Saharan Africa 4.01 per 100k
Eastern Africa computed 3.14 per 100k
Lower-middle-income countries computed 11.99 per 100k
Bank branches — Kenya, by year Kenya All countries CSV XLSX
Year per 100k Change Change, %
2024 4.52 +0.04 +0.93%
2023 4.48 −0.03 −0.63%
2022 4.51 −0.08 −1.84%
2021 4.59 −0.27 −5.55%
2020 4.86 −0.11 −2.25%
2019 4.97 −0.21 −3.96%
2018 5.18 −0.2 −3.68%
2017 5.38 −0.15 −2.75%
2016 5.53 −0.21 −3.6%
2015 5.73 +0.13 +2.27%
2014 5.61 +0.22 +4.09%
2013 5.39 +0.11 +2.15%
2012 5.27 +0.29 +5.75%
2011 4.99 +0.27 +5.72%
2010 4.72 +0.29 +6.64%
2009 4.42 +0.28 +6.81%
2008 4.14 +0.56 +15.58%
2007 3.58 +0.83 +29.97%
2006 2.76 +0.08 +3.17%
2005 2.67 −0.12 −4.39%
2004 2.79

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.