Commercial bank branches in Least developed countries
Least developed countries: Commercial bank branches was 3.51 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Least developed countries, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in Least developed countries stood at 3.51 per 100,000 adults. That is the highest value across all 21 years on record.
The figure is up 2.1% on the previous year and up 8.0% over ten years.
Over the whole period, commercial bank branches in Least developed countries peaked at 3.51 per 100,000 adults in 2024 and was at its lowest, 1.23 per 100,000 adults, in 2005.
That places Least developed countries 42nd out of 44 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in Least developed countries, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 1.33 per 100,000 adults | — |
| 2005 | 1.23 per 100,000 adults | -7.8% |
| 2006 | 1.51 per 100,000 adults | +23.2% |
| 2007 | 1.9 per 100,000 adults | +25.2% |
| 2008 | 2.1 per 100,000 adults | +10.9% |
| 2009 | 2.43 per 100,000 adults | +15.7% |
| 2010 | 2.59 per 100,000 adults | +6.6% |
| 2011 | 2.67 per 100,000 adults | +3.1% |
| 2012 | 2.89 per 100,000 adults | +8.0% |
| 2013 | 3.17 per 100,000 adults | +9.7% |
| 2014 | 3.25 per 100,000 adults | +2.6% |
| 2015 | 3.32 per 100,000 adults | +2.4% |
| 2016 | 3.2 per 100,000 adults | -3.9% |
| 2017 | 3.12 per 100,000 adults | -2.5% |
| 2018 | 3.14 per 100,000 adults | +0.6% |
| 2019 | 3.37 per 100,000 adults | +7.5% |
| 2020 | 3.36 per 100,000 adults | -0.3% |
| 2021 | 3.29 per 100,000 adults | -2.1% |
| 2022 | 3.27 per 100,000 adults | -0.5% |
| 2023 | 3.44 per 100,000 adults | +5.0% |
| 2024 | 3.51 per 100,000 adults | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.75 per 100,000 adults | 1.23 per 100,000 adults | 2.43 per 100,000 adults | 6 |
| 2010s | 3.07 per 100,000 adults | 2.59 per 100,000 adults | 3.37 per 100,000 adults | 10 |
| 2020s | 3.37 per 100,000 adults | 3.27 per 100,000 adults | 3.51 per 100,000 adults | 5 |
Countries ranked near Least developed countries
- 39 Romania 20.76 per 100,000 adults compare
- 40 Malta 20.62 per 100,000 adults compare
- 41 Iceland 20.44 per 100,000 adults compare
- 42 Morocco 20.22 per 100,000 adults compare
- 43 Kosovo 19.65 per 100,000 adults compare
- 44 Slovakia 19.35 per 100,000 adults compare
- 45 Slovenia 18.58 per 100,000 adults compare
More financial sector data for Least developed countries
- Total reserves in months of imports, annual growth rate -4.74 % 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 by banks 30.8% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports 5.77 (2025)
- Monetary Sector credit to private sector 31.1% (2024)
- Broad money 45.0% (2023)
- Net migration, annual growth rate 30.52 % change on previous year (2025)
- Claims on central government, etc. 12.1% (2024)
- Domestic credit to private sector 31.2% (2024)
Frequently asked questions
- What is commercial bank branches in Least developed countries?
- Commercial bank branches in Least developed countries was 3.51 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Least developed countries?
- The highest recorded value was 3.51 per 100,000 adults in 2024.
- What is the lowest commercial bank branches recorded in Least developed countries?
- The lowest recorded value was 1.23 per 100,000 adults in 2005.
- How does Least developed countries rank for commercial bank branches?
- Least developed countries ranks 42nd out of 44 groups with data for 2024.
- Is commercial bank branches rising or falling in Least developed countries?
- Over the last ten years it is up 8.0%. The long-run trend across the full record is rising.
- Where does this Least developed countries 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.