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% |
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
- Net domestic credit (current LCU), per capita 123,291 current LCU per person (2020)
- Net domestic credit (current LCU), per unit of GDP 2 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), annual growth rate 3.72 % change on previous year (2020)
- Gold reserves at 35 SDRs per ounce 217.81 million SDR (2025)
- Gold reserves at market value 19.85 billion SDR (2025)
- Reserves excluding gold, foreign exchange 289.89 billion SDR (2025)
- Reserves excluding gold 295.68 billion SDR (2025)
- Total reserves (gold at market value) 315.53 billion SDR (2025)
- Total reserves (gold at national valuation) 298.85 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 48,902 SDR per person (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.