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Bank branches — all countries

Bank branches — Maldives

Bank branches in the Maldives in 2024 — 14.37 per 100k. Ranked 65 in the world out of 153. Since 2004, the indicator has risen by 35.8%.

2024 14.37 per 100k −0.91% vs 2023
World rank 65of 153
Period maximum 15.71 per 100k2019
Period minimum 10.58 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Maldives, 2004–202410121416200420062008201020122014201620182020202220242004: 10.58 per 100k2005: 10.67 per 100k2006: 12.5 per 100k2007: 12.68 per 100k2008: 12.8 per 100k2009: 12.53 per 100k2010: 11.93 per 100k2011: 11.75 per 100k2012: 11.61 per 100k2013: 11.16 per 100k2014: 11.07 per 100k2015: 10.95 per 100k2016: 13.16 per 100k2017: 14.92 per 100k2018: 14.92 per 100k2019: 15.71 per 100k2020: 15.43 per 100k2021: 14.92 per 100k2022: 14.62 per 100k2023: 14.51 per 100k2024: 14.37 per 100k
Change over the period: +3.79 (+35.8%) Average annual rate: 1.54 %

Comparison, 2024

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

Maldives 14.37 per 100k
World 11.12 per 100k
South Asia 15.97 per 100k
Southern Asia computed 13.85 per 100k
Upper-middle-income countries computed 10.22 per 100k
Bank branches — Maldives, by year Maldives All countries CSV XLSX
Year per 100k Change Change, %
2024 14.37 −0.13 −0.91%
2023 14.51 −0.11 −0.77%
2022 14.62 −0.3 −1.99%
2021 14.92 −0.51 −3.3%
2020 15.43 −0.28 −1.78%
2019 15.71 +0.79 +5.28%
2018 14.92 +0 +0.02%
2017 14.92 +1.76 +13.36%
2016 13.16 +2.21 +20.16%
2015 10.95 −0.12 −1.05%
2014 11.07 −0.09 −0.85%
2013 11.16 −0.45 −3.85%
2012 11.61 −0.15 −1.25%
2011 11.75 −0.18 −1.49%
2010 11.93 −0.6 −4.81%
2009 12.53 −0.27 −2.11%
2008 12.8 +0.12 +0.99%
2007 12.68 +0.18 +1.43%
2006 12.5 +1.83 +17.12%
2005 10.67 +0.09 +0.85%
2004 10.58 — —

Southern Asia, 2024

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

BT Bhutan 24.6 NP Nepal 23.82 LK Sri Lanka 17.33 IN India 14.62 MV Maldives 14.37 PK Pakistan 11.15 BD Bangladesh 9.14
Full table for all countries

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.

Other indicators for the Maldives

Finance Credit to the private sector

The volume of bank lending to businesses and households as a percent of GDP.

Maldives by year Finance Bank capital to assets ratio

A measure of the soundness of a banking system: how much capital of its own a bank holds per dollar of assets.

Maldives by year Internet Mobile cellular subscriptions

The number of mobile subscriptions per 100 people — often more than 100.

Maldives by year
All indicators for the Maldives