Bank branches — all countries

Bank branches — Portugal

Bank branches in Portugal in 2024 — 28.34 per 100k. Ranked 21 in the world out of 153. Since 2004, the indicator has fallen by 57.6%.

2024 28.34 per 100k −2.4% vs 2023
World rank 21of 153
Period maximum 71.02 per 100k2006
Period minimum 28.34 per 100k2024

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Portugal, 2004–202420406080200420062008201020122014201620182020202220242004: 66.82 per 100k2005: 68.54 per 100k2006: 71.02 per 100k2007: 61.67 per 100k2008: 64.34 per 100k2009: 65.93 per 100k2010: 66.04 per 100k2011: 64.13 per 100k2012: 61.33 per 100k2013: 58.26 per 100k2014: 53.57 per 100k2015: 35.59 per 100k2016: 42.8 per 100k2017: 39.18 per 100k2018: 35.57 per 100k2019: 34.65 per 100k2020: 32.98 per 100k2021: 30.62 per 100k2022: 29.73 per 100k2023: 29.04 per 100k2024: 28.34 per 100k
Change over the period: −38.48 (−57.58%) Average annual rate: -4.2 %

Comparison, 2024

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

Portugal 28.34 per 100k
World 11.12 per 100k
Europe & Central Asia 18.97 per 100k
Southern Europe computed 28.5 per 100k
Bank branches — Portugal, by year Portugal All countries CSV XLSX
Year per 100k Change Change, %
2024 28.34 −0.7 −2.4%
2023 29.04 −0.69 −2.32%
2022 29.73 −0.89 −2.91%
2021 30.62 −2.36 −7.15%
2020 32.98 −1.67 −4.82%
2019 34.65 −0.92 −2.58%
2018 35.57 −3.62 −9.23%
2017 39.18 −3.62 −8.45%
2016 42.8 +7.21 +20.27%
2015 35.59 −17.99 −33.57%
2014 53.57 −4.69 −8.05%
2013 58.26 −3.07 −5.01%
2012 61.33 −2.8 −4.37%
2011 64.13 −1.91 −2.89%
2010 66.04 +0.11 +0.17%
2009 65.93 +1.59 +2.47%
2008 64.34 +2.67 +4.33%
2007 61.67 −9.35 −13.17%
2006 71.02 +2.48 +3.61%
2005 68.54 +1.72 +2.57%
2004 66.82

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.