Bank branches per 100,000 adults in South Korea
South Korea: Bank branches per 100,000 adults was 13.65 in 2021. ▼ Falling
Bank branches per 100,000 adults in South Korea, 2004–2021
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
In 2021, bank branches per 100,000 adults in South Korea stood at 13.65. That is the lowest value across all 18 years on record.
That represents a change of down 4.9% on the previous year and down 25.1% over ten years.
Over the whole period, bank branches per 100,000 adults in South Korea peaked at 18.7 in 2008 and was at its lowest, 13.65, in 2021.
South Korea ranks 86th of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Bank branches per 100,000 adults in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 16.8 | — |
| 2005 | 17.33 | +3.2% |
| 2006 | 17.82 | +2.8% |
| 2007 | 18.31 | +2.7% |
| 2008 | 18.7 | +2.1% |
| 2009 | 18.19 | -2.7% |
| 2010 | 18.18 | -0.1% |
| 2011 | 18.22 | +0.2% |
| 2012 | 18.31 | +0.5% |
| 2013 | 18.02 | -1.6% |
| 2014 | 17.2 | -4.6% |
| 2015 | 16.75 | -2.6% |
| 2016 | 16.24 | -3.1% |
| 2017 | 15.44 | -4.9% |
| 2018 | 15.28 | -1.0% |
| 2019 | 15.08 | -1.3% |
| 2020 | 14.36 | -4.8% |
| 2021 | 13.65 | -4.9% |
South Korea compared with similar countries
- South Korea's 13.65 is below the median for high income countries, which is 20.69, 66% of the median. (61 countries reporting)
- South Korea's 13.65 is above the median for East Asia & Pacific, which is 12.46, 1.1× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.86 | 16.8 | 18.7 | 6 |
| 2010s | 16.87 | 15.08 | 18.31 | 10 |
| 2020s | 14 | 13.65 | 14.36 | 2 |
Countries ranked near South Korea
More financial sector data for South Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is bank branches per 100,000 adults in South Korea?
- Bank branches per 100,000 adults in South Korea was 13.65 in 2021, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in South Korea?
- The highest recorded value was 18.7 in 2008.
- What is the lowest bank branches per 100,000 adults recorded in South Korea?
- The lowest recorded value was 13.65 in 2021.
- How does South Korea rank for bank branches per 100,000 adults?
- South Korea ranks 86th out of 185 countries with data for 2021.
- Is bank branches per 100,000 adults rising or falling in South Korea?
- Over the last ten years it is down 25.1%. The long-run trend across the full record is falling.
- Where does this South Korea 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.