Bank branches in Western Africa in 2024 — 3.62 per 100k. Since 2004, the indicator has risen by 13.5%.
2004–2024 · per 100,000 adults
How the value compares with the world and the groups this territory belongs to: Western Africa
| Year | per 100k | Change | Change, % |
|---|---|---|---|
| 2024 | 3.62 | −0.06 | −1.73% |
| 2023 | 3.69 | −0.08 | −2.23% |
| 2022 | 3.77 | −0.81 | −17.76% |
| 2021 | 4.59 | +0.34 | +7.97% |
| 2020 | 4.25 | −0.4 | −8.53% |
| 2019 | 4.64 | +0.24 | +5.44% |
| 2018 | 4.4 | −0.06 | −1.36% |
| 2017 | 4.46 | −0.07 | −1.54% |
| 2016 | 4.53 | −0.1 | −2.17% |
| 2015 | 4.63 | −0.15 | −3.07% |
| 2014 | 4.78 | −0.04 | −0.87% |
| 2013 | 4.82 | +0.11 | +2.36% |
| 2012 | 4.71 | −0.2 | −4% |
| 2011 | 4.91 | −0.02 | −0.39% |
| 2010 | 4.93 | +0.23 | +4.97% |
| 2009 | 4.69 | +0.23 | +5.27% |
| 2008 | 4.46 | +0.68 | +18.12% |
| 2007 | 3.78 | +0.92 | +32.3% |
| 2006 | 2.85 | −0.13 | −4.47% |
| 2005 | 2.99 | −0.2 | −6.4% |
| 2004 | 3.19 | — | — |
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.