Bank branches — all countries

Bank branches — North Macedonia

Bank branches in North Macedonia in 2024 — 25.29 per 100k. Ranked 24 in the world out of 153. Since 2004, the indicator has risen by 41.6%.

2024 25.29 per 100k +1.96% vs 2023
World rank 24of 153
Period maximum 28.43 per 100k2017
Period minimum 17.1 per 100k2005

Trend over time

2004–2024 · per 100,000 adults

Bank branches — North Macedonia, 2004–202415202530200420062008201020122014201620182020202220242004: 17.87 per 100k2005: 17.1 per 100k2006: 19.69 per 100k2007: 21.1 per 100k2008: 25.94 per 100k2009: 27.2 per 100k2010: 27.77 per 100k2011: 26.33 per 100k2012: 26.99 per 100k2013: 27.21 per 100k2014: 27.39 per 100k2015: 27.24 per 100k2016: 27.63 per 100k2017: 28.43 per 100k2018: 26.9 per 100k2019: 27.05 per 100k2020: 26.23 per 100k2021: 25.51 per 100k2022: 25.19 per 100k2023: 24.8 per 100k2024: 25.29 per 100k
Change over the period: +7.42 (+41.55%) Average annual rate: 1.75 %

Comparison, 2024

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

North Macedonia 25.29 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 — North Macedonia, by year North Macedonia All countries CSV XLSX
Year per 100k Change Change, %
2024 25.29 +0.49 +1.96%
2023 24.8 −0.38 −1.52%
2022 25.19 −0.33 −1.28%
2021 25.51 −0.71 −2.71%
2020 26.23 −0.82 −3.04%
2019 27.05 +0.15 +0.55%
2018 26.9 −1.52 −5.36%
2017 28.43 +0.8 +2.89%
2016 27.63 +0.38 +1.41%
2015 27.24 −0.15 −0.55%
2014 27.39 +0.18 +0.67%
2013 27.21 +0.22 +0.83%
2012 26.99 +0.66 +2.49%
2011 26.33 −1.44 −5.19%
2010 27.77 +0.57 +2.11%
2009 27.2 +1.26 +4.84%
2008 25.94 +4.85 +22.97%
2007 21.1 +1.41 +7.15%
2006 19.69 +2.59 +15.15%
2005 17.1 −0.77 −4.31%
2004 17.87

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.