Bank branches — all countries

Bank branches — Micronesia

Bank branches in Micronesia in 2024 — 12.97 per 100k. Ranked 74 in the world out of 153. Since 2004, the indicator has risen by 11.7%.

2024 12.97 per 100k −0.88% vs 2023
World rank 74of 153
Period maximum 14.48 per 100k2009
Period minimum 11.56 per 100k2007

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Micronesia, 2004–20241112131415200420062008201020122014201620182020202220242004: 11.61 per 100k2005: 11.58 per 100k2006: 11.57 per 100k2007: 11.56 per 100k2008: 11.57 per 100k2009: 14.48 per 100k2010: 14.46 per 100k2011: 14.38 per 100k2012: 14.29 per 100k2013: 14.17 per 100k2014: 14.06 per 100k2015: 13.94 per 100k2016: 13.83 per 100k2017: 13.74 per 100k2018: 13.64 per 100k2019: 13.55 per 100k2020: 13.41 per 100k2021: 13.27 per 100k2022: 13.18 per 100k2023: 13.08 per 100k2024: 12.97 per 100k
Change over the period: +1.36 (+11.73%) Average annual rate: 0.56 %

Comparison, 2024

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

Micronesia 12.97 per 100k
World 11.12 per 100k
East Asia & Pacific 11.23 per 100k
Lower-middle-income countries computed 11.99 per 100k
Bank branches — Micronesia, by year Micronesia All countries CSV XLSX
Year per 100k Change Change, %
2024 12.97 −0.12 −0.88%
2023 13.08 −0.1 −0.74%
2022 13.18 −0.09 −0.69%
2021 13.27 −0.14 −1.04%
2020 13.41 −0.14 −1.02%
2019 13.55 −0.09 −0.68%
2018 13.64 −0.1 −0.73%
2017 13.74 −0.09 −0.67%
2016 13.83 −0.1 −0.75%
2015 13.94 −0.12 −0.85%
2014 14.06 −0.12 −0.84%
2013 14.17 −0.11 −0.79%
2012 14.29 −0.09 −0.62%
2011 14.38 −0.08 −0.54%
2010 14.46 −0.03 −0.19%
2009 14.48 +2.92 +25.2%
2008 11.57 +0.01 +0.05%
2007 11.56 −0 −0.04%
2006 11.57 −0.01 −0.1%
2005 11.58 −0.03 −0.23%
2004 11.61

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.