Bank branches per 100,000 adults in Barbados
Barbados: Bank branches per 100,000 adults was 14.63 in 2020. ▼ Falling
Bank branches per 100,000 adults in Barbados, 2006–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
In 2020, bank branches per 100,000 adults in Barbados stood at 14.63. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 5.8% on the previous year and down 21.1% over ten years.
Over the whole period, bank branches per 100,000 adults in Barbados peaked at 20.7 in 2014 and was at its lowest, 14.63, in 2020.
That places Barbados 82nd out of 185 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Bank branches per 100,000 adults in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 19.01 | — |
| 2007 | 19.33 | +1.7% |
| 2008 | 19.21 | -0.7% |
| 2009 | 18.65 | -2.9% |
| 2010 | 18.55 | -0.5% |
| 2011 | 19.75 | +6.5% |
| 2012 | 20.5 | +3.8% |
| 2013 | 19.09 | -6.9% |
| 2014 | 20.7 | +8.5% |
| 2015 | 15.87 | -23.4% |
| 2016 | 16.21 | +2.1% |
| 2017 | 16.97 | +4.7% |
| 2018 | 16.88 | -0.5% |
| 2019 | 15.54 | -7.9% |
| 2020 | 14.63 | -5.8% |
Barbados compared with similar countries
- Barbados's 14.63 is below the median for high income countries, which is 20.69, 71% of the median. (61 countries reporting)
- Barbados's 14.63 is below the median for Latin America & Caribbean, which is 14.64, 100% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.05 | 18.65 | 19.33 | 4 |
| 2010s | 18.01 | 15.54 | 20.7 | 10 |
| 2020s | 14.63 | 14.63 | 14.63 | 1 |
Countries ranked near Barbados
More financial sector data for Barbados
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0022 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 61.36 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 44.81 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0022 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 61.36 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank branches per 100,000 adults in Barbados?
- Bank branches per 100,000 adults in Barbados was 14.63 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Barbados?
- The highest recorded value was 20.7 in 2014.
- What is the lowest bank branches per 100,000 adults recorded in Barbados?
- The lowest recorded value was 14.63 in 2020.
- How does Barbados rank for bank branches per 100,000 adults?
- Barbados ranks 82nd out of 185 countries with data for 2020.
- Is bank branches per 100,000 adults rising or falling in Barbados?
- Over the last ten years it is down 21.1%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.