Bank branches per 100,000 adults in Cyprus

Cyprus: Bank branches per 100,000 adults was 30.88 in 2020. ▼ Falling

Latest (2020)
30.88
Change on year
down 13.7%
World rank
23rd
of 183 countries
All-time high
67.5
in 2004
All-time low
30.88
in 2020
Years of data
17
2004–2020

Bank branches per 100,000 adults in Cyprus, 2004–2020

02040602004201220202004: 67.52005: 62.82006: 60.82007: 60.72008: 61.22009: 60.32010: 582011: 55.62012: 52.22013: 39.32014: 37.92015: 36.22016: 34.32017: 50.52018: 42.22019: 35.82020: 30.9

Source: Financial Access Survey (FAS), International Monetary Fund (IMF).

Analysis

The most recent figure for bank branches per 100,000 adults in Cyprus is 30.88, measured in 2020. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 13.7% on the previous year and down 46.7% over ten years.

Over the whole period, bank branches per 100,000 adults in Cyprus peaked at 67.5 in 2004 and was at its lowest, 30.88, in 2020.

Cyprus ranks 23rd of 183 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 62.2 60.28 67.5 6
2010s 44.18 34.34 57.98 10
2020s 30.88 30.88 30.88 1

Countries ranked near Cyprus

  1. 20 Georgia 31.72 compare
  2. 21 Iran 31.09 compare
  3. 22 Cape Verde 31.01 compare
  4. 24 Portugal 30.71 compare
  5. 25 Moldova 30.52 compare
  6. 26 Bosnia and Herzegovina 29.85 compare

See the full ranking of 184 places →

More financial sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is bank branches per 100,000 adults in Cyprus?
Bank branches per 100,000 adults in Cyprus was 30.88 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
What is the highest bank branches per 100,000 adults recorded in Cyprus?
The highest recorded value was 67.5 in 2004.
What is the lowest bank branches per 100,000 adults recorded in Cyprus?
The lowest recorded value was 30.88 in 2020.
How does Cyprus rank for bank branches per 100,000 adults?
Cyprus ranks 23rd out of 183 countries with data for 2020.
Is bank branches per 100,000 adults rising or falling in Cyprus?
Over the last ten years it is down 46.7%. The long-run trend across the full record is falling.
Where does this Cyprus 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.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bank branches per 100,000 adults
Source
Financial Access Survey (FAS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
184 places, 3,005 data points, 2004–2021
Last refreshed

For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.