Commercial bank branches in Maldives
Maldives: Commercial bank branches was 14.37 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Maldives, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
The most recent figure for commercial bank branches in Maldives is 14.37 per 100,000 adults, measured in 2024.
Compared with earlier readings it is down 0.9% on the previous year and up 29.9% over ten years.
Over the whole period, commercial bank branches in Maldives peaked at 15.71 per 100,000 adults in 2019 and was at its lowest, 10.58 per 100,000 adults, in 2004.
That places Maldives 72nd out of 185 countries 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 Maldives, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 10.58 per 100,000 adults | — |
| 2005 | 10.67 per 100,000 adults | +0.8% |
| 2006 | 12.5 per 100,000 adults | +17.1% |
| 2007 | 12.68 per 100,000 adults | +1.4% |
| 2008 | 12.8 per 100,000 adults | +1.0% |
| 2009 | 12.53 per 100,000 adults | -2.1% |
| 2010 | 11.93 per 100,000 adults | -4.8% |
| 2011 | 11.75 per 100,000 adults | -1.5% |
| 2012 | 11.61 per 100,000 adults | -1.2% |
| 2013 | 11.16 per 100,000 adults | -3.9% |
| 2014 | 11.07 per 100,000 adults | -0.9% |
| 2015 | 10.95 per 100,000 adults | -1.0% |
| 2016 | 13.16 per 100,000 adults | +20.2% |
| 2017 | 14.92 per 100,000 adults | +13.4% |
| 2018 | 14.92 per 100,000 adults | +0.0% |
| 2019 | 15.71 per 100,000 adults | +5.3% |
| 2020 | 15.43 per 100,000 adults | -1.8% |
| 2021 | 14.92 per 100,000 adults | -3.3% |
| 2022 | 14.62 per 100,000 adults | -2.0% |
| 2023 | 14.51 per 100,000 adults | -0.8% |
| 2024 | 14.37 per 100,000 adults | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.96 per 100,000 adults | 10.58 per 100,000 adults | 12.8 per 100,000 adults | 6 |
| 2010s | 12.72 per 100,000 adults | 10.95 per 100,000 adults | 15.71 per 100,000 adults | 10 |
| 2020s | 14.77 per 100,000 adults | 14.37 per 100,000 adults | 15.43 per 100,000 adults | 5 |
Countries ranked near Maldives
More financial sector data for Maldives
- Total reserves in months of imports, annual growth rate 6.59 % 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 39.51 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0922 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,347 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 39.13 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,357 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 39.13 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,357 SDR per person (2025)
Frequently asked questions
- What is commercial bank branches in Maldives?
- Commercial bank branches in Maldives was 14.37 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Maldives?
- The highest recorded value was 15.71 per 100,000 adults in 2019.
- What is the lowest commercial bank branches recorded in Maldives?
- The lowest recorded value was 10.58 per 100,000 adults in 2004.
- How does Maldives rank for commercial bank branches?
- Maldives ranks 72nd out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Maldives?
- Over the last ten years it is up 29.9%. The long-run trend across the full record is rising.
- Where does this Maldives 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.