Bank branches — all countries

Bank branches — Montenegro

Bank branches in Montenegro in 2024 — 36.42 per 100k. Ranked 9 in the world out of 153. Since 2004, the indicator has risen by 72.2%.

2024 36.42 per 100k +3.02% vs 2023
World rank 9of 153
Period maximum 45.24 per 100k2022
Period minimum 21.15 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Montenegro, 2004–202420304050200420062008201020122014201620182020202220242004: 21.15 per 100k2005: 25.14 per 100k2006: 27.27 per 100k2007: 34.64 per 100k2008: 41.74 per 100k2009: 43.56 per 100k2010: 39.77 per 100k2011: 40.2 per 100k2012: 40.44 per 100k2013: 42.28 per 100k2014: 41.78 per 100k2015: 42.88 per 100k2016: 44.18 per 100k2017: 43.51 per 100k2018: 43.45 per 100k2019: 40.68 per 100k2020: 37.96 per 100k2021: 33.56 per 100k2022: 45.24 per 100k2023: 35.35 per 100k2024: 36.42 per 100k
Change over the period: +15.27 (+72.19%) Average annual rate: 2.75 %

Comparison, 2024

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

Montenegro 36.42 per 100k
World 11.12 per 100k
Europe & Central Asia 18.97 per 100k
Southern Europe computed 28.5 per 100k
Upper-middle-income countries computed 10.22 per 100k
Bank branches — Montenegro, by year Montenegro All countries CSV XLSX
Year per 100k Change Change, %
2024 36.42 +1.07 +3.02%
2023 35.35 −9.89 −21.86%
2022 45.24 +11.68 +34.79%
2021 33.56 −4.4 −11.59%
2020 37.96 −2.72 −6.68%
2019 40.68 −2.77 −6.37%
2018 43.45 −0.06 −0.14%
2017 43.51 −0.67 −1.51%
2016 44.18 +1.3 +3.03%
2015 42.88 +1.1 +2.63%
2014 41.78 −0.5 −1.19%
2013 42.28 +1.84 +4.55%
2012 40.44 +0.24 +0.6%
2011 40.2 +0.43 +1.08%
2010 39.77 −3.79 −8.69%
2009 43.56 +1.82 +4.36%
2008 41.74 +7.1 +20.49%
2007 34.64 +7.37 +27.02%
2006 27.27 +2.13 +8.47%
2005 25.14 +3.99 +18.89%
2004 21.15

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.