Bank branches — all countries

Bank branches — Serbia

Bank branches in Serbia in 2024 — 23.97 per 100k. Ranked 27 in the world out of 153. Since 2004, the indicator has risen by 12.3%.

2024 23.97 per 100k +0.2% vs 2023
World rank 27of 153
Period maximum 43.85 per 100k2008
Period minimum 21.34 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Serbia, 2004–202420304050200420062008201020122014201620182020202220242004: 21.34 per 100k2005: 30.73 per 100k2006: 34.96 per 100k2007: 39.18 per 100k2008: 43.85 per 100k2009: 42.41 per 100k2010: 39.86 per 100k2011: 38.48 per 100k2012: 36.35 per 100k2013: 32.79 per 100k2014: 29.67 per 100k2015: 28.91 per 100k2016: 28.84 per 100k2017: 27.42 per 100k2018: 27.06 per 100k2019: 27.19 per 100k2020: 27 per 100k2021: 26.18 per 100k2022: 24.32 per 100k2023: 23.92 per 100k2024: 23.97 per 100k
Change over the period: +2.63 (+12.31%) Average annual rate: 0.58 %

Comparison, 2024

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

Serbia 23.97 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 — Serbia, by year Serbia All countries CSV XLSX
Year per 100k Change Change, %
2024 23.97 +0.05 +0.2%
2023 23.92 −0.4 −1.63%
2022 24.32 −1.86 −7.1%
2021 26.18 −0.82 −3.04%
2020 27 −0.19 −0.69%
2019 27.19 +0.12 +0.46%
2018 27.06 −0.36 −1.31%
2017 27.42 −1.42 −4.93%
2016 28.84 −0.07 −0.23%
2015 28.91 −0.76 −2.57%
2014 29.67 −3.12 −9.53%
2013 32.79 −3.55 −9.78%
2012 36.35 −2.14 −5.55%
2011 38.48 −1.37 −3.45%
2010 39.86 −2.55 −6.02%
2009 42.41 −1.44 −3.29%
2008 43.85 +4.68 +11.94%
2007 39.18 +4.21 +12.05%
2006 34.96 +4.24 +13.79%
2005 30.73 +9.38 +43.97%
2004 21.34

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.