Commercial bank branches in Guinea
Guinea: Commercial bank branches was 2.78 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Guinea, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
Guinea recorded 2.78 per 100,000 adults for commercial bank branches in 2024. That is the highest value across all 21 years on record.
That represents a change of up 0.4% on the previous year and up 17.5% over ten years.
Over the whole period, commercial bank branches in Guinea peaked at 2.78 per 100,000 adults in 2024 and was at its lowest, 0.712 per 100,000 adults, in 2005.
Guinea ranks 167th 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 Guinea, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 0.7265 per 100,000 adults | — |
| 2005 | 0.712 per 100,000 adults | -2.0% |
| 2006 | 0.8126 per 100,000 adults | +14.1% |
| 2007 | 0.886 per 100,000 adults | +9.0% |
| 2008 | 1.1 per 100,000 adults | +24.2% |
| 2009 | 1.28 per 100,000 adults | +16.7% |
| 2010 | 1.4 per 100,000 adults | +9.4% |
| 2011 | 1.55 per 100,000 adults | +10.3% |
| 2012 | 1.7 per 100,000 adults | +9.8% |
| 2013 | 1.76 per 100,000 adults | +3.7% |
| 2014 | 2.36 per 100,000 adults | +33.9% |
| 2015 | 2.62 per 100,000 adults | +11.0% |
| 2016 | 2.6 per 100,000 adults | -0.7% |
| 2017 | 2.63 per 100,000 adults | +0.9% |
| 2018 | 2.66 per 100,000 adults | +1.3% |
| 2019 | 2.62 per 100,000 adults | -1.4% |
| 2020 | 2.64 per 100,000 adults | +0.5% |
| 2021 | 2.6 per 100,000 adults | -1.5% |
| 2022 | 2.7 per 100,000 adults | +4.1% |
| 2023 | 2.76 per 100,000 adults | +2.3% |
| 2024 | 2.78 per 100,000 adults | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.92 per 100,000 adults | 0.712 per 100,000 adults | 1.28 per 100,000 adults | 6 |
| 2010s | 2.19 per 100,000 adults | 1.4 per 100,000 adults | 2.66 per 100,000 adults | 10 |
| 2020s | 2.7 per 100,000 adults | 2.6 per 100,000 adults | 2.78 per 100,000 adults | 5 |
Countries ranked near Guinea
- 164 Viet Nam 3.1 per 100,000 adults compare
- 165 Lao People's Democratic Republic 3.02 per 100,000 adults compare
- 166 Liberia 3 per 100,000 adults compare
- 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
More financial sector data for Guinea
- Net domestic credit (current LCU), per capita 5.16 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 2,750 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 28.06 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 7.08 million SDR (2024)
- Gold reserves at market value 404.80 million SDR (2024)
- Reserves excluding gold, foreign exchange 598.31 million SDR (2024)
- Reserves excluding gold 626.99 million SDR (2024)
- Total reserves (gold at market value) 1.03 billion SDR (2024)
- Total reserves (gold at national valuation) 864.44 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 58.59 SDR per person (2024)
Frequently asked questions
- What is commercial bank branches in Guinea?
- Commercial bank branches in Guinea was 2.78 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Guinea?
- The highest recorded value was 2.78 per 100,000 adults in 2024.
- What is the lowest commercial bank branches recorded in Guinea?
- The lowest recorded value was 0.712 per 100,000 adults in 2005.
- How does Guinea rank for commercial bank branches?
- Guinea ranks 167th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Guinea?
- Over the last ten years it is up 17.5%. The long-run trend across the full record is rising.
- Where does this Guinea 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.