Bank branches per 100,000 adults in Maldives
Maldives: Bank branches per 100,000 adults was 13.81 in 2020. ▲ Rising
Bank branches per 100,000 adults in Maldives, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
In 2020, bank branches per 100,000 adults in Maldives stood at 13.81.
Compared with earlier readings it is down 0.5% on the previous year and up 17.9% over ten years.
Over the whole period, bank branches per 100,000 adults in Maldives peaked at 13.87 in 2019 and was at its lowest, 10.04, in 2005.
Maldives ranks 85th of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Bank branches per 100,000 adults in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 10.08 | — |
| 2005 | 10.04 | -0.3% |
| 2006 | 11.77 | +17.1% |
| 2007 | 12.11 | +2.9% |
| 2008 | 12.41 | +2.6% |
| 2009 | 12.27 | -1.1% |
| 2010 | 11.71 | -4.6% |
| 2011 | 11.45 | -2.2% |
| 2012 | 11.16 | -2.6% |
| 2013 | 10.55 | -5.5% |
| 2014 | 10.28 | -2.5% |
| 2015 | 10.04 | -2.3% |
| 2016 | 11.94 | +18.9% |
| 2017 | 13.16 | +10.2% |
| 2018 | 13.11 | -0.4% |
| 2019 | 13.87 | +5.8% |
| 2020 | 13.81 | -0.5% |
Maldives compared with similar countries
- Maldives's 13.81 is below the median for upper middle income countries, which is 14.09, 98% of the median. (55 countries reporting)
- Maldives's 13.81 is below the median for South Asia, which is 16.69, 83% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.45 | 10.04 | 12.41 | 6 |
| 2010s | 11.73 | 10.04 | 13.87 | 10 |
| 2020s | 13.81 | 13.81 | 13.81 | 1 |
Countries ranked near Maldives
More financial sector data for Maldives
- 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.42 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 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.07 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 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.42 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 Maldives?
- Bank branches per 100,000 adults in Maldives was 13.81 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Maldives?
- The highest recorded value was 13.87 in 2019.
- What is the lowest bank branches per 100,000 adults recorded in Maldives?
- The lowest recorded value was 10.04 in 2005.
- How does Maldives rank for bank branches per 100,000 adults?
- Maldives ranks 85th out of 185 countries with data for 2020.
- Is bank branches per 100,000 adults rising or falling in Maldives?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
- Where does this Maldives 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.