Bank branches — all countries

Bank branches — Saudi Arabia

Bank branches in Saudi Arabia in 2024 — 7.19 per 100k. Ranked 110 in the world out of 153. Since 2004, the indicator has fallen by 24.5%.

2024 7.19 per 100k −4.68% vs 2023
World rank 110of 153
Period maximum 9.53 per 100k2004
Period minimum 7.19 per 100k2024

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Saudi Arabia, 2004–202478910200420062008201020122014201620182020202220242004: 9.53 per 100k2005: 9.01 per 100k2006: 8.93 per 100k2007: 8.83 per 100k2008: 8.7 per 100k2009: 8.89 per 100k2010: 9.29 per 100k2011: 9.01 per 100k2012: 8.81 per 100k2013: 8.65 per 100k2014: 9.15 per 100k2015: 8.95 per 100k2016: 8.83 per 100k2017: 9.03 per 100k2019: 9.41 per 100k2020: 8.67 per 100k2021: 8.56 per 100k2022: 8.06 per 100k2023: 7.54 per 100k2024: 7.19 per 100k
Change over the period: −2.34 (−24.54%) Average annual rate: -1.4 %

Comparison, 2024

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

Saudi Arabia 7.19 per 100k
World 11.12 per 100k
Western Asia computed 10.53 per 100k
Bank branches — Saudi Arabia, by year Saudi Arabia All countries CSV XLSX
Year per 100k Change Change, %
2024 7.19 −0.35 −4.68%
2023 7.54 −0.52 −6.43%
2022 8.06 −0.5 −5.86%
2021 8.56 −0.11 −1.3%
2020 8.67 −0.74 −7.85%
2019 9.41
2017 9.03 +0.2 +2.26%
2016 8.83 −0.11 −1.28%
2015 8.95 −0.2 −2.2%
2014 9.15 +0.5 +5.82%
2013 8.65 −0.17 −1.91%
2012 8.81 −0.2 −2.19%
2011 9.01 −0.28 −2.99%
2010 9.29 +0.4 +4.52%
2009 8.89 +0.18 +2.11%
2008 8.7 −0.13 −1.42%
2007 8.83 −0.1 −1.08%
2006 8.93 −0.08 −0.93%
2005 9.01 −0.52 −5.43%
2004 9.53

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.