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Bank branches — Saint Vincent and the Grenadines

Bank branches in Saint Vincent and the Grenadines in 2024 — 17.68 per 100k. Ranked 47 in the world out of 153. Since 2009, the indicator has fallen by 15.1%.

2024 17.68 per 100k +0.25% vs 2023
World rank 47of 153
Period maximum 20.83 per 100k2015
Period minimum 17.18 per 100k2016

Trend over time

2009–2024 · per 100,000 adults

Bank branches — Saint Vincent and the Grenadines, 2009–202417181920212009201120132015201720192021202320242009: 20.83 per 100k2010: 20.8 per 100k2011: 20.79 per 100k2012: 20.79 per 100k2013: 20.8 per 100k2014: 20.81 per 100k2015: 20.83 per 100k2016: 17.18 per 100k2017: 17.22 per 100k2018: 17.27 per 100k2019: 17.33 per 100k2020: 17.39 per 100k2021: 17.47 per 100k2022: 20.08 per 100k2023: 17.63 per 100k2024: 17.68 per 100k
Change over the period: −3.15 (−15.13%) Average annual rate: -1.09 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Saint Vincent and the Grenadines

Saint Vincent and the Grenadines 17.68 per 100k
World 11.12 per 100k
Latin America & Caribbean 11.58 per 100k
Upper-middle-income countries computed 10.22 per 100k
Bank branches — Saint Vincent and the Grenadines, by year Saint Vincent and the Grenadines All countries CSV XLSX
Year per 100k Change Change, %
2024 17.68 +0.04 +0.25%
2023 17.63 −2.44 −12.16%
2022 20.08 +2.61 +14.92%
2021 17.47 +0.08 +0.46%
2020 17.39 +0.06 +0.33%
2019 17.33 +0.07 +0.38%
2018 17.27 +0.05 +0.3%
2017 17.22 +0.04 +0.22%
2016 17.18 −3.65 −17.53%
2015 20.83 +0.02 +0.08%
2014 20.81 +0.01 +0.07%
2013 20.8 +0.01 +0.04%
2012 20.79 +0 +0.02%
2011 20.79 −0.01 −0.03%
2010 20.8 −0.03 −0.16%
2009 20.83 — —

Caribbean, 2024

The same indicator for neighboring countries — with links to their pages

KN Saint Kitts and Nevis 33.92 BS Bahamas 22.16 VC Saint Vincent and the Grenadines 17.68 AG Antigua and Barbuda 16.87 GD Grenada 15.89 LC Saint Lucia 14.84 BB Barbados 13.26 DO Dominican Republic 11.12 DM Dominica 11.04 TT Trinidad and Tobago 10.49 AW Aruba 10.06 JM Jamaica 6.93
Full table for all countries

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.

Other indicators for Saint Vincent and the Grenadines

Finance Credit to the private sector

The volume of bank lending to businesses and households as a percent of GDP.

Saint Vincent and the Grenadines by year Finance Bank capital to assets ratio

A measure of the soundness of a banking system: how much capital of its own a bank holds per dollar of assets.

Saint Vincent and the Grenadines by year Internet Mobile cellular subscriptions

The number of mobile subscriptions per 100 people — often more than 100.

Saint Vincent and the Grenadines by year
All indicators for Saint Vincent and the Grenadines