Commercial bank branches in Africa Western and Central
Africa Western and Central: Commercial bank branches was 3.82 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Africa Western and Central, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in Africa Western and Central stood at 3.82 per 100,000 adults.
The figure is up 11.5% on the previous year and up 12.1% over ten years.
Over the whole period, commercial bank branches in Africa Western and Central peaked at 4.23 per 100,000 adults in 2019 and was at its lowest, 1.13 per 100,000 adults, in 2004.
That places Africa Western and Central 42nd out of 46 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in Africa Western and Central, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 1.13 per 100,000 adults | — |
| 2005 | 1.23 per 100,000 adults | +9.2% |
| 2006 | 1.51 per 100,000 adults | +22.8% |
| 2007 | 1.94 per 100,000 adults | +28.6% |
| 2008 | 2.31 per 100,000 adults | +18.9% |
| 2009 | 2.54 per 100,000 adults | +9.9% |
| 2010 | 2.87 per 100,000 adults | +13.3% |
| 2011 | 3.08 per 100,000 adults | +7.2% |
| 2012 | 3.13 per 100,000 adults | +1.6% |
| 2013 | 3.19 per 100,000 adults | +1.8% |
| 2014 | 3.41 per 100,000 adults | +7.0% |
| 2015 | 3.37 per 100,000 adults | -1.3% |
| 2016 | 3.39 per 100,000 adults | +0.8% |
| 2017 | 3.5 per 100,000 adults | +3.1% |
| 2018 | 4.09 per 100,000 adults | +16.9% |
| 2019 | 4.23 per 100,000 adults | +3.5% |
| 2020 | 4.06 per 100,000 adults | -4.1% |
| 2021 | 4.01 per 100,000 adults | -1.1% |
| 2022 | 3.9 per 100,000 adults | -2.8% |
| 2023 | 3.43 per 100,000 adults | -12.1% |
| 2024 | 3.82 per 100,000 adults | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.78 per 100,000 adults | 1.13 per 100,000 adults | 2.54 per 100,000 adults | 6 |
| 2010s | 3.43 per 100,000 adults | 2.87 per 100,000 adults | 4.23 per 100,000 adults | 10 |
| 2020s | 3.85 per 100,000 adults | 3.43 per 100,000 adults | 4.06 per 100,000 adults | 5 |
Countries ranked near Africa Western and Central
- 39 Romania 20.76 per 100,000 adults compare
- 40 Malta 20.62 per 100,000 adults compare
- 41 Iceland 20.44 per 100,000 adults compare
- 42 Morocco 20.22 per 100,000 adults compare
- 43 Kosovo 19.65 per 100,000 adults compare
- 43 Kosovo (UNSCR 1244) 19.65 per 100,000 adults compare
- 45 Slovakia 19.35 per 100,000 adults compare
More financial sector data for Africa Western and Central
- Net migration -338,771 (2025)
- Total reserves in months of imports 7.16 (2025)
- Broad money 28.7% (2023)
- Claims on central government, etc. 10.2% (2022)
- Domestic credit to private sector 12.6% (2022)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 13.92 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Monetary Sector credit to private sector 12.6% (2022)
- Net migration, annual growth rate -103.45 % change on previous year (2024)
Frequently asked questions
- What is commercial bank branches in Africa Western and Central?
- Commercial bank branches in Africa Western and Central was 3.82 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Africa Western and Central?
- The highest recorded value was 4.23 per 100,000 adults in 2019.
- What is the lowest commercial bank branches recorded in Africa Western and Central?
- The lowest recorded value was 1.13 per 100,000 adults in 2004.
- How does Africa Western and Central rank for commercial bank branches?
- Africa Western and Central ranks 42nd out of 46 groups with data for 2024.
- Is commercial bank branches rising or falling in Africa Western and Central?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
- Where does this Africa Western and Central data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
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About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.