Bank branches — all countries

Bank branches — Northern Europe

Bank branches in Northern Europe in 2017 — 14.3 per 100k. Since 2004, the indicator has fallen by 50.8%.

2017 14.3 per 100k −7.91% vs 2016
World rank
Period maximum 29.09 per 100k2004
Period minimum 14.3 per 100k2017

Trend over time

2004–2017 · per 100,000 adults

Bank branches — Northern Europe, 2004–20171015202530200420062008201020122014201620172004: 29.09 per 100k2005: 27.94 per 100k2006: 27 per 100k2007: 27.11 per 100k2008: 26.8 per 100k2009: 25.89 per 100k2010: 24.81 per 100k2011: 23.82 per 100k2012: 21.88 per 100k2013: 23.24 per 100k2014: 18.19 per 100k2015: 16.67 per 100k2016: 15.53 per 100k2017: 14.3 per 100k
Change over the period: −14.79 (−50.83%) Average annual rate: -5.31 %

Comparison, 2017

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

Northern Europe 14.3 per 100k
World 11.9 per 100k
Bank branches — Northern Europe, by year Northern Europe All countries CSV XLSX
Year per 100k Change Change, %
2017 14.3 −1.23 −7.91%
2016 15.53 −1.14 −6.82%
2015 16.67 −1.52 −8.33%
2014 18.19 −5.06 −21.75%
2013 23.24 +1.36 +6.23%
2012 21.88 −1.94 −8.14%
2011 23.82 −0.99 −3.98%
2010 24.81 −1.09 −4.2%
2009 25.89 −0.91 −3.39%
2008 26.8 −0.31 −1.16%
2007 27.11 +0.11 +0.42%
2006 27 −0.94 −3.35%
2005 27.94 −1.15 −3.96%
2004 29.09

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.