Commercial bank branches in Montenegro
Montenegro: Commercial bank branches was 36.42 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Montenegro, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in Montenegro stood at 36.42 per 100,000 adults.
Compared with earlier readings it is up 3.0% on the previous year and down 12.8% over ten years.
Over the whole period, commercial bank branches in Montenegro peaked at 45.24 per 100,000 adults in 2022 and was at its lowest, 21.15 per 100,000 adults, in 2004.
That places Montenegro 8th out of 185 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in Montenegro, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 21.15 per 100,000 adults | — |
| 2005 | 25.14 per 100,000 adults | +18.9% |
| 2006 | 27.27 per 100,000 adults | +8.5% |
| 2007 | 34.64 per 100,000 adults | +27.0% |
| 2008 | 41.74 per 100,000 adults | +20.5% |
| 2009 | 43.56 per 100,000 adults | +4.4% |
| 2010 | 39.77 per 100,000 adults | -8.7% |
| 2011 | 40.2 per 100,000 adults | +1.1% |
| 2012 | 40.44 per 100,000 adults | +0.6% |
| 2013 | 42.28 per 100,000 adults | +4.6% |
| 2014 | 41.78 per 100,000 adults | -1.2% |
| 2015 | 42.88 per 100,000 adults | +2.6% |
| 2016 | 44.18 per 100,000 adults | +3.0% |
| 2017 | 43.51 per 100,000 adults | -1.5% |
| 2018 | 43.45 per 100,000 adults | -0.1% |
| 2019 | 40.68 per 100,000 adults | -6.4% |
| 2020 | 37.96 per 100,000 adults | -6.7% |
| 2021 | 33.56 per 100,000 adults | -11.6% |
| 2022 | 45.24 per 100,000 adults | +34.8% |
| 2023 | 35.35 per 100,000 adults | -21.9% |
| 2024 | 36.42 per 100,000 adults | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.25 per 100,000 adults | 21.15 per 100,000 adults | 43.56 per 100,000 adults | 6 |
| 2010s | 41.92 per 100,000 adults | 39.77 per 100,000 adults | 44.18 per 100,000 adults | 10 |
| 2020s | 37.71 per 100,000 adults | 33.56 per 100,000 adults | 45.24 per 100,000 adults | 5 |
Countries ranked near Montenegro
- 5 Uzbekistan 56.61 per 100,000 adults compare
- 6 Luxembourg 46.08 per 100,000 adults compare
- 7 Macao 44.3 per 100,000 adults compare
- 9 Cape Verde 34.8 per 100,000 adults compare
- 10 Saint Kitts and Nevis 33.92 per 100,000 adults compare
- 11 Japan 33.71 per 100,000 adults compare
More financial sector data for Montenegro
- Total reserves in months of imports, annual growth rate 13.67 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 21.48 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1646 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,439 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 20.1 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,574 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 20.1 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,574 SDR per person (2025)
Frequently asked questions
- What is commercial bank branches in Montenegro?
- Commercial bank branches in Montenegro was 36.42 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Montenegro?
- The highest recorded value was 45.24 per 100,000 adults in 2022.
- What is the lowest commercial bank branches recorded in Montenegro?
- The lowest recorded value was 21.15 per 100,000 adults in 2004.
- How does Montenegro rank for commercial bank branches?
- Montenegro ranks 8th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Montenegro?
- Over the last ten years it is down 12.8%. The long-run trend across the full record is rising.
- Where does this Montenegro 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.