Iceland vs Least developed countries: Commercial bank branches

Iceland
20.44 per 100,000 adults
in 2024
Least developed countries
3.51 per 100,000 adults
in 2024
Iceland rank
41st
Least developed countries rank
42nd

Commercial bank branches over time

  • Iceland
  • Least developed countries
020406080100200420142024

How they compare

Iceland currently reports 20.44 per 100,000 adults against 3.51 per 100,000 adults in Least developed countries, a difference of 16.93 per 100,000 adults.

That makes Iceland's figure about 5.8 times Least developed countries's.

Across all 21 years both countries report, Iceland has been ahead every year.

Iceland ranks 41st and Least developed countries ranks 42nd of 185 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Least developed countries Difference Ahead
2000s 76.18 per 100,000 adults 1.75 per 100,000 adults 74.43 per 100,000 adults Iceland
2010s 40.8 per 100,000 adults 3.07 per 100,000 adults 37.73 per 100,000 adults Iceland
2020s 24.66 per 100,000 adults 3.37 per 100,000 adults 21.29 per 100,000 adults Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher commercial bank branches, Iceland or Least developed countries?
Iceland, at 20.44 per 100,000 adults against 3.51 per 100,000 adults in Least developed countries as of 2024.
What is the difference in commercial bank branches between Iceland and Least developed countries?
16.93 per 100,000 adults, with Iceland ahead.
How many years of comparable data are there for Iceland and Least developed countries?
21 years are reported by both, from 2004 to 2024.
How do Iceland and Least developed countries rank globally for commercial bank branches?
Iceland ranks 41st and Least developed countries ranks 42nd of 185 countries.
Where does this data come from?
Financial Access Survey, International Monetary Fund (IMF), published as Commercial bank branches (per 100,000 adults). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Least developed countries: Commercial bank branches. Statizoid, drawing on Financial Access Survey, International Monetary Fund (IMF). Retrieved 02 September 2026, from https://financial-sector.statizoid.com/compare/commercial-bank-branches-per-100-000-adults/iceland/least-developed-countries-un-classification/

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<a href="https://financial-sector.statizoid.com/compare/commercial-bank-branches-per-100-000-adults/iceland/least-developed-countries-un-classification/">Iceland vs Least developed countries: Commercial bank branches</a> — Statizoid

About this data

Indicator
Commercial bank branches (per 100,000 adults)
Unit
per 100,000 adults
Source
Financial Access Survey, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 4,614 data points, 2004–2024
Last refreshed

Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.