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Bank branches — all countries

Bank branches — Singapore

Bank branches in Singapore in 2024 — 5.89 per 100k. Ranked 119 in the world out of 153. Since 2004, the indicator has fallen by 48.7%.

2024 5.89 per 100k −3.32% vs 2023
World rank 119of 153
Period maximum 11.48 per 100k2004
Period minimum 5.89 per 100k2024

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Singapore, 2004–20244681012200420062008201020122014201620182020202220242004: 11.48 per 100k2005: 11.24 per 100k2006: 10.87 per 100k2007: 10.41 per 100k2008: 9.93 per 100k2009: 9.85 per 100k2010: 9.84 per 100k2011: 9.59 per 100k2012: 9.41 per 100k2013: 9.1 per 100k2014: 9 per 100k2015: 8.96 per 100k2016: 8.71 per 100k2017: 8.24 per 100k2018: 8.13 per 100k2019: 7.81 per 100k2020: 7.01 per 100k2021: 6.95 per 100k2022: 6.43 per 100k2023: 6.09 per 100k2024: 5.89 per 100k
Change over the period: −5.59 (−48.68%) Average annual rate: -3.28 %

Comparison, 2024

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

Singapore 5.89 per 100k
World 11.12 per 100k
East Asia & Pacific 11.23 per 100k
South-Eastern Asia computed 8.75 per 100k
Bank branches — Singapore, by year Singapore All countries CSV XLSX
Year per 100k Change Change, %
2024 5.89 −0.2 −3.32%
2023 6.09 −0.34 −5.28%
2022 6.43 −0.52 −7.49%
2021 6.95 −0.06 −0.81%
2020 7.01 −0.8 −10.25%
2019 7.81 −0.32 −3.97%
2018 8.13 −0.11 −1.31%
2017 8.24 −0.46 −5.34%
2016 8.71 −0.25 −2.84%
2015 8.96 −0.04 −0.48%
2014 9 −0.1 −1.09%
2013 9.1 −0.31 −3.3%
2012 9.41 −0.18 −1.91%
2011 9.59 −0.25 −2.5%
2010 9.84 −0.01 −0.14%
2009 9.85 −0.07 −0.75%
2008 9.93 −0.48 −4.59%
2007 10.41 −0.46 −4.24%
2006 10.87 −0.38 −3.36%
2005 11.24 −0.23 −2.01%
2004 11.48 — —

South-Eastern Asia, 2024

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

KH Cambodia 14.08 ID Indonesia 11.23 PH Philippines 8.09 TH Thailand 8.02 MY Malaysia 7.72 SG Singapore 5.89 VN Vietnam 3.1 LA Laos 3.02
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 Singapore

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

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

Singapore by year Business Stock market capitalization in US dollars

What all of a country's companies traded on its exchange are worth.

Singapore by year Internet Mobile cellular subscriptions

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

Singapore by year
All indicators for Singapore