Commercial bank branches in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Commercial bank branches was 11.7 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Latin America & Caribbean (excluding high income), 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in Latin America & Caribbean (excluding high income) stood at 11.7 per 100,000 adults.
That represents a change of up 2.1% on the previous year and down 6.5% over ten years.
Over the whole period, commercial bank branches in Latin America & Caribbean (excluding high income) peaked at 13.4 per 100,000 adults in 2017 and was at its lowest, 9.96 per 100,000 adults, in 2004.
That places Latin America & Caribbean (excluding high income) 17th out of 46 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in Latin America & Caribbean (excluding high income), year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 9.96 per 100,000 adults | — |
| 2005 | 10.26 per 100,000 adults | +3.0% |
| 2006 | 10.46 per 100,000 adults | +2.0% |
| 2007 | 12.28 per 100,000 adults | +17.3% |
| 2008 | 12.95 per 100,000 adults | +5.4% |
| 2009 | 12.37 per 100,000 adults | -4.4% |
| 2010 | 12.55 per 100,000 adults | +1.4% |
| 2011 | 12.79 per 100,000 adults | +1.9% |
| 2012 | 12.96 per 100,000 adults | +1.3% |
| 2013 | 12.55 per 100,000 adults | -3.1% |
| 2014 | 12.51 per 100,000 adults | -0.3% |
| 2015 | 12.82 per 100,000 adults | +2.5% |
| 2016 | 13.3 per 100,000 adults | +3.7% |
| 2017 | 13.4 per 100,000 adults | +0.8% |
| 2018 | 13.36 per 100,000 adults | -0.3% |
| 2019 | 12.19 per 100,000 adults | -8.8% |
| 2020 | 11.58 per 100,000 adults | -5.0% |
| 2021 | 11.68 per 100,000 adults | +0.9% |
| 2022 | 11.61 per 100,000 adults | -0.6% |
| 2023 | 11.46 per 100,000 adults | -1.3% |
| 2024 | 11.7 per 100,000 adults | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.38 per 100,000 adults | 9.96 per 100,000 adults | 12.95 per 100,000 adults | 6 |
| 2010s | 12.84 per 100,000 adults | 12.19 per 100,000 adults | 13.4 per 100,000 adults | 10 |
| 2020s | 11.61 per 100,000 adults | 11.46 per 100,000 adults | 11.7 per 100,000 adults | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 14 Switzerland 32.21 per 100,000 adults compare
- 15 Seychelles 31.91 per 100,000 adults compare
- 16 Georgia 31.62 per 100,000 adults compare
- 17 Spain 31.33 per 100,000 adults compare
- 18 Italy 30.33 per 100,000 adults compare
- 19 France 30.05 per 100,000 adults compare
- 20 Iran, Islamic Republic of 29.33 per 100,000 adults compare
More financial sector data for Latin America & Caribbean (excluding high income)
- Net migration -462,147 (2025)
- Total reserves in months of imports 6.7 (2025)
- Monetary Sector credit to private sector 47.3% (2025)
- Broad money 73.6% (2025)
- Claims on central government, etc. 35.1% (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 3.67 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Domestic credit to private sector 50.1% (2025)
- Net migration, annual growth rate -2.22 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is commercial bank branches in Latin America & Caribbean (excluding high income)?
- Commercial bank branches in Latin America & Caribbean (excluding high income) was 11.7 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 13.4 per 100,000 adults in 2017.
- What is the lowest commercial bank branches recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 9.96 per 100,000 adults in 2004.
- How does Latin America & Caribbean (excluding high income) rank for commercial bank branches?
- Latin America & Caribbean (excluding high income) ranks 17th out of 46 groups with data for 2024.
- Is commercial bank branches rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 6.5%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) 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.