Bank branches — all countries

Bank branches — Paraguay

Bank branches in Paraguay in 2024 — 8.87 per 100k. Ranked 98 in the world out of 153. Since 2004, the indicator has risen by 99.5%.

2024 8.87 per 100k −11.75% vs 2023
World rank 98of 153
Period maximum 12.65 per 100k2017
Period minimum 4.29 per 100k2005

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Paraguay, 2004–2024051015200420062008201020122014201620182020202220242004: 4.45 per 100k2005: 4.29 per 100k2006: 4.37 per 100k2007: 4.66 per 100k2008: 6.21 per 100k2009: 7.7 per 100k2010: 9.28 per 100k2011: 10.29 per 100k2012: 10.83 per 100k2013: 11.16 per 100k2014: 9.84 per 100k2015: 10.95 per 100k2016: 10.93 per 100k2017: 12.65 per 100k2018: 12.49 per 100k2019: 11.94 per 100k2020: 10.64 per 100k2021: 10.43 per 100k2022: 9.91 per 100k2023: 10.05 per 100k2024: 8.87 per 100k
Change over the period: +4.43 (+99.53%) Average annual rate: 3.51 %

Comparison, 2024

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

Paraguay 8.87 per 100k
World 11.12 per 100k
Latin America & Caribbean 11.58 per 100k
South America computed 14.52 per 100k
Upper-middle-income countries computed 10.22 per 100k
Bank branches — Paraguay, by year Paraguay All countries CSV XLSX
Year per 100k Change Change, %
2024 8.87 −1.18 −11.75%
2023 10.05 +0.15 +1.47%
2022 9.91 −0.53 −5.05%
2021 10.43 −0.21 −1.95%
2020 10.64 −1.3 −10.88%
2019 11.94 −0.55 −4.37%
2018 12.49 −0.16 −1.29%
2017 12.65 +1.72 +15.72%
2016 10.93 −0.02 −0.17%
2015 10.95 +1.11 +11.28%
2014 9.84 −1.32 −11.82%
2013 11.16 +0.33 +3.01%
2012 10.83 +0.54 +5.28%
2011 10.29 +1.01 +10.92%
2010 9.28 +1.57 +20.42%
2009 7.7 +1.49 +23.95%
2008 6.21 +1.55 +33.22%
2007 4.66 +0.3 +6.77%
2006 4.37 +0.08 +1.81%
2005 4.29 −0.15 −3.48%
2004 4.45

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.