Bank branches — all countries

Bank branches — Southern Africa

Bank branches in Southern Africa in 2024 — 7.8 per 100k. Since 2004, the indicator has risen by 62.6%.

2024 7.8 per 100k −1.19% vs 2023
World rank
Period maximum 10.25 per 100k2014
Period minimum 4.8 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Southern Africa, 2004–20244681012200420062008201020122014201620182020202220242004: 4.8 per 100k2005: 6.76 per 100k2006: 6.99 per 100k2007: 5.91 per 100k2008: 7.49 per 100k2009: 8.68 per 100k2010: 9.34 per 100k2011: 9.75 per 100k2012: 9.47 per 100k2013: 9.6 per 100k2014: 10.25 per 100k2015: 9.85 per 100k2016: 9.73 per 100k2017: 9.8 per 100k2018: 9.6 per 100k2019: 9.05 per 100k2020: 8.65 per 100k2021: 8.62 per 100k2022: 8.27 per 100k2023: 7.89 per 100k2024: 7.8 per 100k
Change over the period: +3 (+62.61%) Average annual rate: 2.46 %

Comparison, 2024

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

Southern Africa 7.8 per 100k
World 11.12 per 100k
Bank branches — Southern Africa, by year Southern Africa All countries CSV XLSX
Year per 100k Change Change, %
2024 7.8 −0.09 −1.19%
2023 7.89 −0.38 −4.59%
2022 8.27 −0.35 −4.01%
2021 8.62 −0.04 −0.41%
2020 8.65 −0.39 −4.35%
2019 9.05 −0.55 −5.75%
2018 9.6 −0.2 −2.08%
2017 9.8 +0.07 +0.76%
2016 9.73 −0.12 −1.24%
2015 9.85 −0.4 −3.87%
2014 10.25 +0.65 +6.73%
2013 9.6 +0.13 +1.37%
2012 9.47 −0.28 −2.87%
2011 9.75 +0.41 +4.38%
2010 9.34 +0.66 +7.58%
2009 8.68 +1.2 +16.01%
2008 7.49 +1.58 +26.68%
2007 5.91 −1.08 −15.49%
2006 6.99 +0.23 +3.43%
2005 6.76 +1.96 +40.92%
2004 4.8

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.