Bank branches — all countries

Bank branches — Marshall Islands

Bank branches in the Marshall Islands in 2024 — 32.52 per 100k. Ranked 13 in the world out of 153. Since 2004, the indicator has risen by 70.1%.

2024 32.52 per 100k +3.04% vs 2023
World rank 13of 153
Period maximum 32.52 per 100k2024
Period minimum 18.9 per 100k2006

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Marshall Islands, 2004–20241520253035200420062008201020122014201620182020202220242004: 19.12 per 100k2005: 18.97 per 100k2006: 18.9 per 100k2007: 18.9 per 100k2008: 18.96 per 100k2009: 19.03 per 100k2010: 19.11 per 100k2011: 19.18 per 100k2012: 19.25 per 100k2013: 19.35 per 100k2014: 19.48 per 100k2015: 19.66 per 100k2016: 19.9 per 100k2017: 20.22 per 100k2018: 20.59 per 100k2019: 21 per 100k2020: 21.47 per 100k2021: 22.12 per 100k2022: 22.9 per 100k2023: 31.56 per 100k2024: 32.52 per 100k
Change over the period: +13.4 (+70.07%) Average annual rate: 2.69 %

Comparison, 2024

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

Marshall Islands 32.52 per 100k
World 11.12 per 100k
East Asia & Pacific 11.23 per 100k
Upper-middle-income countries computed 10.22 per 100k
Bank branches — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year per 100k Change Change, %
2024 32.52 +0.96 +3.04%
2023 31.56 +8.66 +37.81%
2022 22.9 +0.78 +3.52%
2021 22.12 +0.65 +3.04%
2020 21.47 +0.46 +2.2%
2019 21 +0.41 +1.99%
2018 20.59 +0.37 +1.83%
2017 20.22 +0.32 +1.61%
2016 19.9 +0.24 +1.24%
2015 19.66 +0.17 +0.9%
2014 19.48 +0.13 +0.69%
2013 19.35 +0.1 +0.51%
2012 19.25 +0.07 +0.39%
2011 19.18 +0.07 +0.38%
2010 19.11 +0.08 +0.4%
2009 19.03 +0.07 +0.38%
2008 18.96 +0.06 +0.3%
2007 18.9 +0 +0.03%
2006 18.9 −0.07 −0.38%
2005 18.97 −0.15 −0.79%
2004 19.12

Micronesia, 2024

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

MH Marshall Islands 32.52 FM Micronesia 12.97

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.