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Bank branches — all countries

Bank branches — South Korea

Bank branches in South Korea in 2024 — 12.39 per 100k. Ranked 76 in the world out of 153. Since 2004, the indicator has fallen by 26.7%.

2024 12.39 per 100k −2.41% vs 2023
World rank 76of 153
Period maximum 18.76 per 100k2008
Period minimum 12.39 per 100k2024

Trend over time

2004–2024 · per 100,000 adults

Bank branches — South Korea, 2004–20241214161820200420062008201020122014201620182020202220242004: 16.9 per 100k2005: 17.42 per 100k2006: 17.9 per 100k2007: 18.38 per 100k2008: 18.76 per 100k2009: 18.25 per 100k2010: 18.24 per 100k2011: 18.26 per 100k2012: 18.33 per 100k2013: 18.03 per 100k2014: 17.2 per 100k2015: 16.75 per 100k2016: 16.21 per 100k2017: 15.4 per 100k2018: 15.24 per 100k2019: 15.02 per 100k2020: 14.29 per 100k2021: 13.57 per 100k2022: 12.89 per 100k2023: 12.7 per 100k2024: 12.39 per 100k
Change over the period: −4.51 (−26.67%) Average annual rate: -1.54 %

Comparison, 2024

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

South Korea 12.39 per 100k
World 11.12 per 100k
East Asia & Pacific 11.23 per 100k
Eastern Asia computed 10.94 per 100k
Bank branches — South Korea, by year South Korea All countries CSV XLSX
Year per 100k Change Change, %
2024 12.39 −0.31 −2.41%
2023 12.7 −0.19 −1.5%
2022 12.89 −0.68 −5.01%
2021 13.57 −0.71 −4.98%
2020 14.29 −0.74 −4.92%
2019 15.02 −0.21 −1.39%
2018 15.24 −0.16 −1.07%
2017 15.4 −0.81 −5.01%
2016 16.21 −0.54 −3.21%
2015 16.75 −0.45 −2.63%
2014 17.2 −0.83 −4.59%
2013 18.03 −0.3 −1.64%
2012 18.33 +0.07 +0.37%
2011 18.26 +0.02 +0.1%
2010 18.24 −0.01 −0.07%
2009 18.25 −0.51 −2.7%
2008 18.76 +0.38 +2.09%
2007 18.38 +0.47 +2.64%
2006 17.9 +0.48 +2.77%
2005 17.42 +0.52 +3.08%
2004 16.9 — —

Eastern Asia, 2024

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

MN Mongolia 58.99 MO Macao 44.3 JP Japan 33.71 HK Hong Kong 17.55 KR South Korea 12.39 CN China 8.72
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 South Korea

Finance Credit to the private sector

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

South Korea 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.

South Korea by year Business Stock market capitalization in US dollars

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

South Korea by year Internet Mobile cellular subscriptions

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

South Korea by year
All indicators for South Korea