Bank branches per 100,000 adults in Singapore
Singapore: Bank branches per 100,000 adults was 7.02 in 2020. ▼ Falling
Bank branches per 100,000 adults in Singapore, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
The most recent figure for bank branches per 100,000 adults in Singapore is 7.02, measured in 2020. That is the lowest value across all 17 years on record.
That represents a change of down 10.2% on the previous year and down 28.6% over ten years.
Over the whole period, bank branches per 100,000 adults in Singapore peaked at 11.46 in 2004 and was at its lowest, 7.02, in 2020.
That places Singapore 128th 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 17 years of available data.
Bank branches per 100,000 adults in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 11.46 | — |
| 2005 | 11.24 | -1.9% |
| 2006 | 10.89 | -3.2% |
| 2007 | 10.45 | -4.0% |
| 2008 | 9.98 | -4.6% |
| 2009 | 9.87 | -1.0% |
| 2010 | 9.83 | -0.5% |
| 2011 | 9.6 | -2.3% |
| 2012 | 9.42 | -1.8% |
| 2013 | 9.11 | -3.3% |
| 2014 | 9.01 | -1.2% |
| 2015 | 8.95 | -0.6% |
| 2016 | 8.68 | -3.0% |
| 2017 | 8.22 | -5.3% |
| 2018 | 8.13 | -1.1% |
| 2019 | 7.82 | -3.8% |
| 2020 | 7.02 | -10.2% |
Singapore compared with similar countries
- Singapore's 7.02 is below the median for high income countries, which is 20.69, 34% of the median. (61 countries reporting)
- Singapore's 7.02 is below the median for East Asia & Pacific, which is 12.46, 56% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.65 | 9.87 | 11.46 | 6 |
| 2010s | 8.88 | 7.82 | 9.83 | 10 |
| 2020s | 7.02 | 7.02 | 7.02 | 1 |
Countries ranked near Singapore
More financial sector data for Singapore
- Reserve position in the IMF, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 230.78 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.73 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 168.51 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 230.78 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.73 % change on previous year (2025)
Frequently asked questions
- What is bank branches per 100,000 adults in Singapore?
- Bank branches per 100,000 adults in Singapore was 7.02 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Singapore?
- The highest recorded value was 11.46 in 2004.
- What is the lowest bank branches per 100,000 adults recorded in Singapore?
- The lowest recorded value was 7.02 in 2020.
- How does Singapore rank for bank branches per 100,000 adults?
- Singapore ranks 128th out of 185 countries with data for 2020.
- Is bank branches per 100,000 adults rising or falling in Singapore?
- Over the last ten years it is down 28.6%. The long-run trend across the full record is falling.
- Where does this Singapore 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.