Commercial bank branches in Barbados
Barbados: Commercial bank branches was 13.26 per 100,000 adults in 2024. ▼ Falling
Commercial bank branches in Barbados, 2006–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in Barbados stood at 13.26 per 100,000 adults.
That represents a change of down 0.3% on the previous year and down 38.1% over ten years.
Over the whole period, commercial bank branches in Barbados peaked at 21.41 per 100,000 adults in 2014 and was at its lowest, 12.92 per 100,000 adults, in 2022.
That places Barbados 80th out of 185 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Commercial bank branches in Barbados, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2006 | 19.62 per 100,000 adults | — |
| 2007 | 19.93 per 100,000 adults | +1.6% |
| 2008 | 19.79 per 100,000 adults | -0.7% |
| 2009 | 19.21 per 100,000 adults | -2.9% |
| 2010 | 19.11 per 100,000 adults | -0.5% |
| 2011 | 20.38 per 100,000 adults | +6.6% |
| 2012 | 21.18 per 100,000 adults | +3.9% |
| 2013 | 19.73 per 100,000 adults | -6.9% |
| 2014 | 21.41 per 100,000 adults | +8.5% |
| 2015 | 16.41 per 100,000 adults | -23.3% |
| 2016 | 16.76 per 100,000 adults | +2.1% |
| 2017 | 17.55 per 100,000 adults | +4.7% |
| 2018 | 17.47 per 100,000 adults | -0.5% |
| 2019 | 16.09 per 100,000 adults | -7.9% |
| 2020 | 15.16 per 100,000 adults | -5.8% |
| 2021 | 14.25 per 100,000 adults | -6.0% |
| 2022 | 12.92 per 100,000 adults | -9.3% |
| 2023 | 13.31 per 100,000 adults | +3.0% |
| 2024 | 13.26 per 100,000 adults | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.64 per 100,000 adults | 19.21 per 100,000 adults | 19.93 per 100,000 adults | 4 |
| 2010s | 18.61 per 100,000 adults | 16.09 per 100,000 adults | 21.41 per 100,000 adults | 10 |
| 2020s | 13.78 per 100,000 adults | 12.92 per 100,000 adults | 15.16 per 100,000 adults | 5 |
Countries ranked near Barbados
More financial sector data for Barbados
- Net domestic credit (current LCU), per capita 42,954 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 1.68 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 1.79 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 1.22 billion SDR (2024)
- Reserves excluding gold 1.27 billion SDR (2024)
- Total reserves (gold at market value) 1.27 billion SDR (2024)
- Total reserves (gold at national valuation) 1.27 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 4,489 SDR per person (2024)
Frequently asked questions
- What is commercial bank branches in Barbados?
- Commercial bank branches in Barbados was 13.26 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Barbados?
- The highest recorded value was 21.41 per 100,000 adults in 2014.
- What is the lowest commercial bank branches recorded in Barbados?
- The lowest recorded value was 12.92 per 100,000 adults in 2022.
- How does Barbados rank for commercial bank branches?
- Barbados ranks 80th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Barbados?
- Over the last ten years it is down 38.1%. The long-run trend across the full record is falling.
- Where does this Barbados 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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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.