Commercial bank branches in Benin
Benin: Commercial bank branches was 2.52 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Benin, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in Benin stood at 2.52 per 100,000 adults.
Compared with earlier readings it is down 4.3% on the previous year and down 22.2% over ten years.
Over the whole period, commercial bank branches in Benin peaked at 3.7 per 100,000 adults in 2019 and was at its lowest, 0.9097 per 100,000 adults, in 2004.
Benin ranks 171st of 185 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in Benin, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 0.9097 per 100,000 adults | — |
| 2005 | 1.05 per 100,000 adults | +15.3% |
| 2006 | 1.55 per 100,000 adults | +48.0% |
| 2007 | 1.93 per 100,000 adults | +24.1% |
| 2008 | 2.31 per 100,000 adults | +20.0% |
| 2009 | 2.67 per 100,000 adults | +15.4% |
| 2010 | 2.87 per 100,000 adults | +7.6% |
| 2011 | 3.08 per 100,000 adults | +7.2% |
| 2012 | 3.07 per 100,000 adults | -0.3% |
| 2013 | 3.14 per 100,000 adults | +2.3% |
| 2014 | 3.24 per 100,000 adults | +3.1% |
| 2015 | 3.42 per 100,000 adults | +5.6% |
| 2016 | 3.39 per 100,000 adults | -0.8% |
| 2017 | 3.16 per 100,000 adults | -6.9% |
| 2018 | 3.06 per 100,000 adults | -3.0% |
| 2019 | 3.7 per 100,000 adults | +20.8% |
| 2020 | 3.22 per 100,000 adults | -13.1% |
| 2021 | 3.26 per 100,000 adults | +1.4% |
| 2022 | 2.8 per 100,000 adults | -14.1% |
| 2023 | 2.63 per 100,000 adults | -6.0% |
| 2024 | 2.52 per 100,000 adults | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.74 per 100,000 adults | 0.9097 per 100,000 adults | 2.67 per 100,000 adults | 6 |
| 2010s | 3.22 per 100,000 adults | 2.87 per 100,000 adults | 3.7 per 100,000 adults | 10 |
| 2020s | 2.89 per 100,000 adults | 2.52 per 100,000 adults | 3.26 per 100,000 adults | 5 |
Countries ranked near Benin
- 168 Madagascar 2.71 per 100,000 adults compare
- 169 Burkina Faso 2.69 per 100,000 adults compare
- 170 Haiti 2.67 per 100,000 adults compare
- 172 Zambia 2.51 per 100,000 adults compare
- 173 Tanzania, United Republic of 2.44 per 100,000 adults compare
- 174 Cameroon 2.2 per 100,000 adults compare
More financial sector data for Benin
- Net domestic credit (current LCU), per capita 226,044 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 136.31 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.87 % change on previous year (2025)
- Domestic credit to private sector by banks 19.7% (2025)
- Net domestic credit 3.35 trillion current LCU (2025)
- Net foreign assets 2.25 trillion current LCU (2025)
- Monetary Sector credit to private sector 19.8% (2025)
- Broad money 29.6% (2025)
- Claims on central government, etc. 2.0% (2025)
- Domestic credit to private sector 19.8% (2025)
Frequently asked questions
- What is commercial bank branches in Benin?
- Commercial bank branches in Benin was 2.52 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Benin?
- The highest recorded value was 3.7 per 100,000 adults in 2019.
- What is the lowest commercial bank branches recorded in Benin?
- The lowest recorded value was 0.9097 per 100,000 adults in 2004.
- How does Benin rank for commercial bank branches?
- Benin ranks 171st out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Benin?
- Over the last ten years it is down 22.2%. The long-run trend across the full record is rising.
- Where does this Benin 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.