Bank branches — all countries

Bank branches — Sub-Saharan Africa

Bank branches in Sub-Saharan Africa in 2024 — 4.01 per 100k. Since 2004, the indicator has risen by 132.9%.

2024 4.01 per 100k +8.58% vs 2023
World rank
Period maximum 4.09 per 100k2018
Period minimum 1.72 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Sub-Saharan Africa, 2004–202412345200420062008201020122014201620182020202220242004: 1.72 per 100k2005: 1.81 per 100k2006: 1.78 per 100k2007: 2.24 per 100k2008: 2.4 per 100k2009: 2.6 per 100k2010: 3.41 per 100k2011: 3.5 per 100k2012: 3.43 per 100k2013: 3.68 per 100k2014: 3.61 per 100k2015: 3.92 per 100k2016: 3.92 per 100k2017: 4.04 per 100k2018: 4.09 per 100k2019: 4.03 per 100k2020: 4.06 per 100k2021: 3.93 per 100k2022: 3.82 per 100k2023: 3.69 per 100k2024: 4.01 per 100k
Change over the period: +2.29 (+132.95%) Average annual rate: 4.32 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Sub-Saharan Africa

Sub-Saharan Africa 4.01 per 100k
World 11.12 per 100k
Bank branches — Sub-Saharan Africa, by year Sub-Saharan Africa All countries CSV XLSX
Year per 100k Change Change, %
2024 4.01 +0.32 +8.58%
2023 3.69 −0.13 −3.4%
2022 3.82 −0.11 −2.71%
2021 3.93 −0.13 −3.27%
2020 4.06 +0.03 +0.8%
2019 4.03 −0.06 −1.53%
2018 4.09 +0.05 +1.14%
2017 4.04 +0.12 +3.04%
2016 3.92 +0.01 +0.14%
2015 3.92 +0.3 +8.43%
2014 3.61 −0.06 −1.72%
2013 3.68 +0.25 +7.22%
2012 3.43 −0.07 −1.94%
2011 3.5 +0.09 +2.54%
2010 3.41 +0.81 +31.02%
2009 2.6 +0.2 +8.36%
2008 2.4 +0.16 +7.35%
2007 2.24 +0.46 +25.53%
2006 1.78 −0.02 −1.23%
2005 1.81 +0.08 +4.93%
2004 1.72

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.