Commercial bank branches in Iraq
Iraq: Commercial bank branches was 3.33 per 100,000 adults in 2024. ▼ Falling
Commercial bank branches in Iraq, 2006–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
The most recent figure for commercial bank branches in Iraq is 3.33 per 100,000 adults, measured in 2024.
That represents a change of up 3.3% on the previous year and down 33.6% over ten years.
Over the whole period, commercial bank branches in Iraq peaked at 5.24 per 100,000 adults in 2012 and was at its lowest, 3.22 per 100,000 adults, in 2023.
That places Iraq 160th out of 185 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Commercial bank branches in Iraq, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2006 | 3.29 per 100,000 adults | — |
| 2007 | 3.34 per 100,000 adults | +1.8% |
| 2008 | 3.34 per 100,000 adults | -0.2% |
| 2009 | 4.62 per 100,000 adults | +38.3% |
| 2010 | 5.02 per 100,000 adults | +8.6% |
| 2011 | 4.86 per 100,000 adults | -3.2% |
| 2012 | 5.24 per 100,000 adults | +8.0% |
| 2013 | 5.11 per 100,000 adults | -2.5% |
| 2014 | 5.01 per 100,000 adults | -2.1% |
| 2015 | 4.68 per 100,000 adults | -6.5% |
| 2016 | 3.92 per 100,000 adults | -16.4% |
| 2017 | 3.85 per 100,000 adults | -1.8% |
| 2018 | 4.25 per 100,000 adults | +10.5% |
| 2019 | 3.81 per 100,000 adults | -10.2% |
| 2020 | 3.73 per 100,000 adults | -2.3% |
| 2021 | 3.67 per 100,000 adults | -1.7% |
| 2022 | 3.44 per 100,000 adults | -6.2% |
| 2023 | 3.22 per 100,000 adults | -6.4% |
| 2024 | 3.33 per 100,000 adults | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.65 per 100,000 adults | 3.29 per 100,000 adults | 4.62 per 100,000 adults | 4 |
| 2010s | 4.57 per 100,000 adults | 3.81 per 100,000 adults | 5.24 per 100,000 adults | 10 |
| 2020s | 3.48 per 100,000 adults | 3.22 per 100,000 adults | 3.73 per 100,000 adults | 5 |
Countries ranked near Iraq
More financial sector data for Iraq
- Total reserves in months of imports, annual growth rate -29.4 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -19.45 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2102 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,137 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -19.12 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,148 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -6.89 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,529 SDR per person (2025)
Frequently asked questions
- What is commercial bank branches in Iraq?
- Commercial bank branches in Iraq was 3.33 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Iraq?
- The highest recorded value was 5.24 per 100,000 adults in 2012.
- What is the lowest commercial bank branches recorded in Iraq?
- The lowest recorded value was 3.22 per 100,000 adults in 2023.
- How does Iraq rank for commercial bank branches?
- Iraq ranks 160th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Iraq?
- Over the last ten years it is down 33.6%. The long-run trend across the full record is falling.
- Where does this Iraq 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.