Bank branches — all countries

Bank branches — Luxembourg

Bank branches in Luxembourg in 2024 — 46.08 per 100k. Ranked 6 in the world out of 153. Since 2004, the indicator has fallen by 58.4%.

2024 46.08 per 100k −4.62% vs 2023
World rank 6of 153
Period maximum 110.84 per 100k2004
Period minimum 46.08 per 100k2024

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Luxembourg, 2004–2024406080100120200420062008201020122014201620182020202220242004: 110.84 per 100k2005: 105.27 per 100k2006: 100.58 per 100k2007: 97.58 per 100k2008: 94.63 per 100k2009: 90.96 per 100k2010: 88.64 per 100k2011: 85.91 per 100k2012: 82.89 per 100k2013: 81.74 per 100k2014: 79.67 per 100k2015: 77.01 per 100k2016: 76.82 per 100k2017: 71.82 per 100k2018: 68.61 per 100k2019: 64.91 per 100k2020: 59.84 per 100k2021: 56.68 per 100k2022: 52.42 per 100k2023: 48.31 per 100k2024: 46.08 per 100k
Change over the period: −64.76 (−58.43%) Average annual rate: -4.29 %

Comparison, 2024

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

Luxembourg 46.08 per 100k
World 11.12 per 100k
Europe & Central Asia 18.97 per 100k
Western Europe computed 24.22 per 100k
Bank branches — Luxembourg, by year Luxembourg All countries CSV XLSX
Year per 100k Change Change, %
2024 46.08 −2.23 −4.62%
2023 48.31 −4.11 −7.85%
2022 52.42 −4.26 −7.52%
2021 56.68 −3.16 −5.28%
2020 59.84 −5.07 −7.81%
2019 64.91 −3.7 −5.39%
2018 68.61 −3.21 −4.47%
2017 71.82 −5 −6.51%
2016 76.82 −0.19 −0.24%
2015 77.01 −2.66 −3.34%
2014 79.67 −2.06 −2.53%
2013 81.74 −1.16 −1.39%
2012 82.89 −3.02 −3.51%
2011 85.91 −2.73 −3.08%
2010 88.64 −2.32 −2.55%
2009 90.96 −3.68 −3.89%
2008 94.63 −2.95 −3.02%
2007 97.58 −2.99 −2.98%
2006 100.58 −4.7 −4.46%
2005 105.27 −5.56 −5.02%
2004 110.84

Western Europe, 2024

The same indicator for neighboring countries — with links to their pages

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.