Commercial bank branches in Portugal

Portugal: Commercial bank branches was 28.34 per 100,000 adults in 2024. ▼ Falling

Latest (2024)
28.34 per 100,000 adults
Change on year
down 2.4%
World rank
22nd
of 185 countries
All-time high
71.02 per 100,000 adults
in 2006
All-time low
28.34 per 100,000 adults
in 2024
Years of data
21
2004–2024

Commercial bank branches in Portugal, 2004–2024

0204060802004201420242004: 66.8 per 100,000 adults2005: 68.5 per 100,000 adults2006: 71 per 100,000 adults2007: 61.7 per 100,000 adults2008: 64.3 per 100,000 adults2009: 65.9 per 100,000 adults2010: 66 per 100,000 adults2011: 64.1 per 100,000 adults2012: 61.3 per 100,000 adults2013: 58.3 per 100,000 adults2014: 53.6 per 100,000 adults2015: 35.6 per 100,000 adults2016: 42.8 per 100,000 adults2017: 39.2 per 100,000 adults2018: 35.6 per 100,000 adults2019: 34.7 per 100,000 adults2020: 33 per 100,000 adults2021: 30.6 per 100,000 adults2022: 29.7 per 100,000 adults2023: 29 per 100,000 adults2024: 28.3 per 100,000 adults

Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.

Analysis

In 2024, commercial bank branches in Portugal stood at 28.34 per 100,000 adults. That is the lowest value across all 21 years on record.

That represents a change of down 2.4% on the previous year and down 47.1% over ten years.

Over the whole period, commercial bank branches in Portugal peaked at 71.02 per 100,000 adults in 2006 and was at its lowest, 28.34 per 100,000 adults, in 2024.

That places Portugal 22nd out of 185 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 21 years of available data.

Commercial bank branches in Portugal, year by year

Annual values for Commercial bank branches (per 100,000 adults) in Portugal, 2004 to 2024.
Year per 100,000 adults Change
2004 66.82 per 100,000 adults
2005 68.54 per 100,000 adults +2.6%
2006 71.02 per 100,000 adults +3.6%
2007 61.67 per 100,000 adults -13.2%
2008 64.34 per 100,000 adults +4.3%
2009 65.93 per 100,000 adults +2.5%
2010 66.04 per 100,000 adults +0.2%
2011 64.13 per 100,000 adults -2.9%
2012 61.33 per 100,000 adults -4.4%
2013 58.26 per 100,000 adults -5.0%
2014 53.57 per 100,000 adults -8.0%
2015 35.59 per 100,000 adults -33.6%
2016 42.8 per 100,000 adults +20.3%
2017 39.18 per 100,000 adults -8.4%
2018 35.57 per 100,000 adults -9.2%
2019 34.65 per 100,000 adults -2.6%
2020 32.98 per 100,000 adults -4.8%
2021 30.62 per 100,000 adults -7.1%
2022 29.73 per 100,000 adults -2.9%
2023 29.04 per 100,000 adults -2.3%
2024 28.34 per 100,000 adults -2.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 66.39 per 100,000 adults 61.67 per 100,000 adults 71.02 per 100,000 adults 6
2010s 49.11 per 100,000 adults 34.65 per 100,000 adults 66.04 per 100,000 adults 10
2020s 30.14 per 100,000 adults 28.34 per 100,000 adults 32.98 per 100,000 adults 5

Countries ranked near Portugal

  1. 19 France 30.05 per 100,000 adults compare
  2. 20 Iran 29.33 per 100,000 adults compare
  3. 21 Bosnia and Herzegovina 29.25 per 100,000 adults compare
  4. 23 Moldova 28.33 per 100,000 adults compare
  5. 24 United States 25.73 per 100,000 adults compare
  6. 25 North Macedonia 25.29 per 100,000 adults compare

See the full ranking of 231 places →

More financial sector data for Portugal

All data for Portugal →

Frequently asked questions

What is commercial bank branches in Portugal?
Commercial bank branches in Portugal was 28.34 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
What is the highest commercial bank branches recorded in Portugal?
The highest recorded value was 71.02 per 100,000 adults in 2006.
What is the lowest commercial bank branches recorded in Portugal?
The lowest recorded value was 28.34 per 100,000 adults in 2024.
How does Portugal rank for commercial bank branches?
Portugal ranks 22nd out of 185 countries with data for 2024.
Is commercial bank branches rising or falling in Portugal?
Over the last ten years it is down 47.1%. The long-run trend across the full record is falling.
Where does this Portugal 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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Commercial bank branches in Portugal. Statizoid, drawing on Financial Access Survey, International Monetary Fund (IMF). Retrieved 02 September 2026, from https://financial-sector.statizoid.com/stat/commercial-bank-branches-per-100-000-adults/portugal/

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About this data

Indicator
Commercial bank branches (per 100,000 adults)
Unit
per 100,000 adults
Source
Financial Access Survey, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 4,614 data points, 2004–2024
Last refreshed

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.