Commercial bank branches in Grenada
Grenada: Commercial bank branches was 15.89 per 100,000 adults in 2024. ▼ Falling
Commercial bank branches in Grenada, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in Grenada stood at 15.89 per 100,000 adults. That is the lowest value across all 21 years on record.
That represents a change of down 6.8% on the previous year and down 48.1% over ten years.
Over the whole period, commercial bank branches in Grenada peaked at 34.64 per 100,000 adults in 2004 and was at its lowest, 15.89 per 100,000 adults, in 2024.
Grenada ranks 60th of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Commercial bank branches in Grenada, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 34.64 per 100,000 adults | — |
| 2005 | 31.49 per 100,000 adults | -9.1% |
| 2006 | 30.97 per 100,000 adults | -1.6% |
| 2007 | 30.52 per 100,000 adults | -1.5% |
| 2008 | 30.13 per 100,000 adults | -1.3% |
| 2009 | 29.78 per 100,000 adults | -1.1% |
| 2010 | 29.48 per 100,000 adults | -1.0% |
| 2011 | 30.37 per 100,000 adults | +3.0% |
| 2012 | 31.23 per 100,000 adults | +2.8% |
| 2013 | 30.92 per 100,000 adults | -1.0% |
| 2014 | 30.62 per 100,000 adults | -1.0% |
| 2015 | 30.33 per 100,000 adults | -0.9% |
| 2016 | 22.29 per 100,000 adults | -26.5% |
| 2017 | 22.15 per 100,000 adults | -0.6% |
| 2018 | 22.02 per 100,000 adults | -0.6% |
| 2019 | 21.89 per 100,000 adults | -0.6% |
| 2020 | 19.56 per 100,000 adults | -10.6% |
| 2021 | 20.5 per 100,000 adults | +4.8% |
| 2022 | 20.37 per 100,000 adults | -0.6% |
| 2023 | 17.05 per 100,000 adults | -16.3% |
| 2024 | 15.89 per 100,000 adults | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31.25 per 100,000 adults | 29.78 per 100,000 adults | 34.64 per 100,000 adults | 6 |
| 2010s | 27.13 per 100,000 adults | 21.89 per 100,000 adults | 31.23 per 100,000 adults | 10 |
| 2020s | 18.67 per 100,000 adults | 15.89 per 100,000 adults | 20.5 per 100,000 adults | 5 |
Countries ranked near Grenada
More financial sector data for Grenada
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -7.03 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2075 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,512 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -8.17 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,541 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -8.17 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,541 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate -8.17 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,541 SDR per person (2025)
- Total reserves (gold at national valuation) 298.03 million SDR (2025)
Frequently asked questions
- What is commercial bank branches in Grenada?
- Commercial bank branches in Grenada was 15.89 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Grenada?
- The highest recorded value was 34.64 per 100,000 adults in 2004.
- What is the lowest commercial bank branches recorded in Grenada?
- The lowest recorded value was 15.89 per 100,000 adults in 2024.
- How does Grenada rank for commercial bank branches?
- Grenada ranks 60th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Grenada?
- Over the last ten years it is down 48.1%. The long-run trend across the full record is falling.
- Where does this Grenada 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.