Bank branches — all countries

Bank branches — Seychelles

Bank branches in the Seychelles in 2024 — 31.91 per 100k. Ranked 15 in the world out of 153. Since 2004, the indicator has fallen by 24.6%.

2024 31.91 per 100k −1.53% vs 2023
World rank 15of 153
Period maximum 53.1 per 100k2015
Period minimum 31.4 per 100k2022

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Seychelles, 2004–202430405060200420062008201020122014201620182020202220242004: 42.33 per 100k2005: 40.24 per 100k2006: 40.71 per 100k2007: 40.22 per 100k2008: 46.58 per 100k2009: 46.08 per 100k2010: 45.99 per 100k2011: 47.03 per 100k2012: 47.88 per 100k2013: 48.32 per 100k2014: 53.05 per 100k2015: 53.1 per 100k2016: 52.26 per 100k2017: 51.52 per 100k2018: 40.49 per 100k2019: 42.65 per 100k2020: 39.65 per 100k2021: 37.99 per 100k2022: 31.4 per 100k2023: 32.41 per 100k2024: 31.91 per 100k
Change over the period: −10.41 (−24.6%) Average annual rate: -1.4 %

Comparison, 2024

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

Seychelles 31.91 per 100k
World 11.12 per 100k
Sub-Saharan Africa 4.01 per 100k
Eastern Africa computed 3.14 per 100k
Bank branches — Seychelles, by year Seychelles All countries CSV XLSX
Year per 100k Change Change, %
2024 31.91 −0.5 −1.53%
2023 32.41 +1.01 +3.2%
2022 31.4 −6.59 −17.34%
2021 37.99 −1.65 −4.17%
2020 39.65 −3 −7.03%
2019 42.65 +2.16 +5.33%
2018 40.49 −11.03 −21.41%
2017 51.52 −0.74 −1.41%
2016 52.26 −0.84 −1.58%
2015 53.1 +0.05 +0.09%
2014 53.05 +4.73 +9.79%
2013 48.32 +0.43 +0.91%
2012 47.88 +0.86 +1.82%
2011 47.03 +1.04 +2.26%
2010 45.99 −0.09 −0.19%
2009 46.08 −0.5 −1.08%
2008 46.58 +6.35 +15.8%
2007 40.22 −0.48 −1.18%
2006 40.71 +0.46 +1.16%
2005 40.24 −2.09 −4.93%
2004 42.33

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.