Bank branches — all countries

Bank branches — Latin America & Caribbean

Bank branches in Latin America & Caribbean in 2024 — 11.58 per 100k. Since 2004, the indicator has risen by 4.3%.

2024 11.58 per 100k +6.58% vs 2023
World rank
Period maximum 13.9 per 100k2008
Period minimum 10.85 per 100k2022

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Latin America & Caribbean, 2004–20241011121314200420062008201020122014201620182020202220242004: 11.11 per 100k2005: 11.82 per 100k2006: 12.09 per 100k2007: 13.01 per 100k2008: 13.9 per 100k2009: 13.58 per 100k2010: 13.77 per 100k2011: 13.72 per 100k2012: 13.03 per 100k2013: 13.06 per 100k2014: 13.24 per 100k2015: 13.1 per 100k2016: 13.45 per 100k2017: 13.82 per 100k2018: 13.54 per 100k2019: 12.47 per 100k2020: 11.8 per 100k2021: 11.13 per 100k2022: 10.85 per 100k2023: 10.87 per 100k2024: 11.58 per 100k
Change over the period: +0.47 (+4.27%) Average annual rate: 0.21 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 11.58 per 100k
World 11.12 per 100k
Bank branches — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year per 100k Change Change, %
2024 11.58 +0.71 +6.58%
2023 10.87 +0.02 +0.18%
2022 10.85 −0.28 −2.55%
2021 11.13 −0.67 −5.68%
2020 11.8 −0.67 −5.39%
2019 12.47 −1.06 −7.86%
2018 13.54 −0.28 −2.01%
2017 13.82 +0.37 +2.75%
2016 13.45 +0.35 +2.67%
2015 13.1 −0.14 −1.09%
2014 13.24 +0.18 +1.36%
2013 13.06 +0.03 +0.26%
2012 13.03 −0.69 −5.03%
2011 13.72 −0.04 −0.32%
2010 13.77 +0.19 +1.38%
2009 13.58 −0.32 −2.31%
2008 13.9 +0.89 +6.84%
2007 13.01 +0.92 +7.6%
2006 12.09 +0.27 +2.27%
2005 11.82 +0.71 +6.43%
2004 11.11

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.