Bank branches per 100,000 adults in Grenada
Grenada: Bank branches per 100,000 adults was 22.15 in 2020. ▼ Falling
Bank branches per 100,000 adults in Grenada, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
In 2020, bank branches per 100,000 adults in Grenada stood at 22.15. That is the lowest value across all 17 years on record.
The figure is down 5.4% on the previous year and down 28.4% over ten years.
Over the whole period, bank branches per 100,000 adults in Grenada peaked at 36.41 in 2004 and was at its lowest, 22.15, in 2020.
That places Grenada 47th out of 185 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Bank branches per 100,000 adults in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 36.41 | — |
| 2005 | 33.23 | -8.7% |
| 2006 | 32.76 | -1.4% |
| 2007 | 32.33 | -1.3% |
| 2008 | 31.9 | -1.3% |
| 2009 | 31.44 | -1.4% |
| 2010 | 30.95 | -1.5% |
| 2011 | 31.96 | +3.2% |
| 2012 | 32.87 | +2.9% |
| 2013 | 32.55 | -1.0% |
| 2014 | 32.29 | -0.8% |
| 2015 | 32.09 | -0.6% |
| 2016 | 23.63 | -26.4% |
| 2017 | 23.54 | -0.4% |
| 2018 | 23.48 | -0.3% |
| 2019 | 23.41 | -0.3% |
| 2020 | 22.15 | -5.4% |
Grenada compared with similar countries
- Grenada's 22.15 is above the median for upper middle income countries, which is 14.09, 1.6× the median. (55 countries reporting)
- Grenada's 22.15 is above the median for Latin America & Caribbean, which is 14.64, 1.5× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Bank branches per 100,000 adults in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -26.4% | 32.09 | 23.63 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.01 | 31.44 | 36.41 | 6 |
| 2010s | 28.68 | 23.41 | 32.87 | 10 |
| 2020s | 22.15 | 22.15 | 22.15 | 1 |
Countries ranked near Grenada
More financial sector data for Grenada
- 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 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.72 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.02 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 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.72 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 Grenada?
- Bank branches per 100,000 adults in Grenada was 22.15 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Grenada?
- The highest recorded value was 36.41 in 2004.
- What is the lowest bank branches per 100,000 adults recorded in Grenada?
- The lowest recorded value was 22.15 in 2020.
- How does Grenada rank for bank branches per 100,000 adults?
- Grenada ranks 47th out of 185 countries with data for 2020.
- Is bank branches per 100,000 adults rising or falling in Grenada?
- Over the last ten years it is down 28.4%. The long-run trend across the full record is falling.
- Where does this Grenada 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.