Commercial bank branches in Latin America & Caribbean
Latin America & Caribbean: Commercial bank branches was 11.58 per 100,000 adults in 2024. ▼ Falling
Commercial bank branches in Latin America & Caribbean, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
Latin America & Caribbean recorded 11.58 per 100,000 adults for commercial bank branches in 2024.
The figure is up 6.6% on the previous year and down 12.5% over ten years.
Over the whole period, commercial bank branches in Latin America & Caribbean peaked at 13.9 per 100,000 adults in 2008 and was at its lowest, 10.85 per 100,000 adults, in 2022.
Latin America & Caribbean ranks 18th of 46 groups 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 Latin America & Caribbean, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 11.11 per 100,000 adults | — |
| 2005 | 11.82 per 100,000 adults | +6.4% |
| 2006 | 12.09 per 100,000 adults | +2.3% |
| 2007 | 13.01 per 100,000 adults | +7.6% |
| 2008 | 13.9 per 100,000 adults | +6.8% |
| 2009 | 13.58 per 100,000 adults | -2.3% |
| 2010 | 13.77 per 100,000 adults | +1.4% |
| 2011 | 13.72 per 100,000 adults | -0.3% |
| 2012 | 13.03 per 100,000 adults | -5.0% |
| 2013 | 13.06 per 100,000 adults | +0.3% |
| 2014 | 13.24 per 100,000 adults | +1.4% |
| 2015 | 13.1 per 100,000 adults | -1.1% |
| 2016 | 13.45 per 100,000 adults | +2.7% |
| 2017 | 13.82 per 100,000 adults | +2.7% |
| 2018 | 13.54 per 100,000 adults | -2.0% |
| 2019 | 12.47 per 100,000 adults | -7.9% |
| 2020 | 11.8 per 100,000 adults | -5.4% |
| 2021 | 11.13 per 100,000 adults | -5.7% |
| 2022 | 10.85 per 100,000 adults | -2.6% |
| 2023 | 10.87 per 100,000 adults | +0.2% |
| 2024 | 11.58 per 100,000 adults | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.58 per 100,000 adults | 11.11 per 100,000 adults | 13.9 per 100,000 adults | 6 |
| 2010s | 13.32 per 100,000 adults | 12.47 per 100,000 adults | 13.82 per 100,000 adults | 10 |
| 2020s | 11.25 per 100,000 adults | 10.85 per 100,000 adults | 11.8 per 100,000 adults | 5 |
Countries ranked near Latin America & Caribbean
- 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
- 21 Bosnia and Herzegovina 29.25 per 100,000 adults compare
More financial sector data for Latin America & Caribbean
- Net migration -401,848 (2025)
- Total reserves in months of imports 6.54 (2025)
- Broad money 72.7% (2025)
- Claims on central government, etc. 33.6% (2025)
- Domestic credit to private sector 52.6% (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 3.91 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Monetary Sector credit to private sector 48.2% (2025)
- Net migration, annual growth rate -6.2 % change on previous year (2025)
Frequently asked questions
- What is commercial bank branches in Latin America & Caribbean?
- Commercial bank branches in Latin America & Caribbean was 11.58 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?
- The highest recorded value was 13.9 per 100,000 adults in 2008.
- What is the lowest commercial bank branches recorded in Latin America & Caribbean?
- The lowest recorded value was 10.85 per 100,000 adults in 2022.
- How does Latin America & Caribbean rank for commercial bank branches?
- Latin America & Caribbean ranks 18th out of 46 groups with data for 2024.
- Is commercial bank branches rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean 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.