Bank branches in lower-middle-income countries in 2024 — 11.99 per 100k. Since 2004, the indicator has risen by 42.7%.
2004–2024 · per 100,000 adults
How the value compares with the world and the groups this territory belongs to: Lower-middle-income countries
| Year | per 100k | Change | Change, % |
|---|---|---|---|
| 2024 | 11.99 | +0.07 | +0.62% |
| 2023 | 11.92 | +0.08 | +0.69% |
| 2022 | 11.84 | −0.18 | −1.52% |
| 2021 | 12.02 | +0.16 | +1.37% |
| 2020 | 11.86 | +0.11 | +0.93% |
| 2019 | 11.75 | −0.31 | −2.59% |
| 2018 | 12.06 | +0.02 | +0.15% |
| 2017 | 12.04 | +0.16 | +1.38% |
| 2016 | 11.88 | +0.27 | +2.34% |
| 2015 | 11.61 | +0.13 | +1.1% |
| 2014 | 11.48 | +0.3 | +2.64% |
| 2013 | 11.18 | +0.43 | +3.99% |
| 2012 | 10.76 | +0.35 | +3.37% |
| 2011 | 10.4 | +0.53 | +5.36% |
| 2010 | 9.87 | +0.16 | +1.63% |
| 2009 | 9.72 | +0.14 | +1.44% |
| 2008 | 9.58 | +0.18 | +1.87% |
| 2007 | 9.4 | +1.21 | +14.72% |
| 2006 | 8.2 | −0.05 | −0.62% |
| 2005 | 8.25 | −0.16 | −1.85% |
| 2004 | 8.4 | — | — |
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.