Commercial bank branches in Bahamas
Bahamas: Commercial bank branches was 22.16 per 100,000 adults in 2024. ▼ Falling
Commercial bank branches in Bahamas, 2007–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
Bahamas recorded 22.16 per 100,000 adults for commercial bank branches in 2024. That is the lowest value across all 18 years on record.
That represents a change of down 1.0% on the previous year and down 34.2% over ten years.
Over the whole period, commercial bank branches in Bahamas peaked at 38.8 per 100,000 adults in 2007 and was at its lowest, 22.16 per 100,000 adults, in 2024.
That places Bahamas 34th out of 185 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Commercial bank branches in Bahamas, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2007 | 38.8 per 100,000 adults | — |
| 2008 | 37.99 per 100,000 adults | -2.1% |
| 2009 | 36.17 per 100,000 adults | -4.8% |
| 2010 | 35.84 per 100,000 adults | -0.9% |
| 2011 | 35.21 per 100,000 adults | -1.8% |
| 2012 | 35 per 100,000 adults | -0.6% |
| 2013 | 34.16 per 100,000 adults | -2.4% |
| 2014 | 33.7 per 100,000 adults | -1.3% |
| 2015 | 30 per 100,000 adults | -11.0% |
| 2016 | 29.98 per 100,000 adults | -0.0% |
| 2017 | 26.44 per 100,000 adults | -11.8% |
| 2018 | 26.81 per 100,000 adults | +1.4% |
| 2019 | 23.39 per 100,000 adults | -12.7% |
| 2020 | 23.85 per 100,000 adults | +1.9% |
| 2021 | 24.02 per 100,000 adults | +0.7% |
| 2022 | 24.15 per 100,000 adults | +0.5% |
| 2023 | 22.38 per 100,000 adults | -7.3% |
| 2024 | 22.16 per 100,000 adults | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.65 per 100,000 adults | 36.17 per 100,000 adults | 38.8 per 100,000 adults | 3 |
| 2010s | 31.05 per 100,000 adults | 23.39 per 100,000 adults | 35.84 per 100,000 adults | 10 |
| 2020s | 23.31 per 100,000 adults | 22.16 per 100,000 adults | 24.15 per 100,000 adults | 5 |
Countries ranked near Bahamas
More financial sector data for Bahamas
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 8.36 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1186 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 4,681 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 7.81 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 5,030 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 7.81 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 5,030 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 7.81 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 5,030 SDR per person (2024)
- Total reserves in months of imports, annual growth rate -5.27 % change on previous year (2024)
Frequently asked questions
- What is commercial bank branches in Bahamas?
- Commercial bank branches in Bahamas was 22.16 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Bahamas?
- The highest recorded value was 38.8 per 100,000 adults in 2007.
- What is the lowest commercial bank branches recorded in Bahamas?
- The lowest recorded value was 22.16 per 100,000 adults in 2024.
- How does Bahamas rank for commercial bank branches?
- Bahamas ranks 34th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Bahamas?
- Over the last ten years it is down 34.2%. The long-run trend across the full record is falling.
- Where does this Bahamas 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.