Commercial bank branches in Saudi Arabia
Saudi Arabia: Commercial bank branches was 7.19 per 100,000 adults in 2024. ▼ Falling
Commercial bank branches in Saudi Arabia, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
Saudi Arabia recorded 7.19 per 100,000 adults for commercial bank branches in 2024. That is the lowest value across all 20 years on record.
The figure is down 4.7% on the previous year and down 21.4% over ten years.
Over the whole period, commercial bank branches in Saudi Arabia peaked at 9.53 per 100,000 adults in 2004 and was at its lowest, 7.19 per 100,000 adults, in 2024.
Saudi Arabia ranks 123rd of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Commercial bank branches in Saudi Arabia, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 9.53 per 100,000 adults | — |
| 2005 | 9.01 per 100,000 adults | -5.4% |
| 2006 | 8.93 per 100,000 adults | -0.9% |
| 2007 | 8.83 per 100,000 adults | -1.1% |
| 2008 | 8.7 per 100,000 adults | -1.4% |
| 2009 | 8.89 per 100,000 adults | +2.1% |
| 2010 | 9.29 per 100,000 adults | +4.5% |
| 2011 | 9.01 per 100,000 adults | -3.0% |
| 2012 | 8.81 per 100,000 adults | -2.2% |
| 2013 | 8.65 per 100,000 adults | -1.9% |
| 2014 | 9.15 per 100,000 adults | +5.8% |
| 2015 | 8.95 per 100,000 adults | -2.2% |
| 2016 | 8.83 per 100,000 adults | -1.3% |
| 2017 | 9.03 per 100,000 adults | +2.3% |
| 2019 | 9.41 per 100,000 adults | +4.2% |
| 2020 | 8.67 per 100,000 adults | -7.9% |
| 2021 | 8.56 per 100,000 adults | -1.3% |
| 2022 | 8.06 per 100,000 adults | -5.9% |
| 2023 | 7.54 per 100,000 adults | -6.4% |
| 2024 | 7.19 per 100,000 adults | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.98 per 100,000 adults | 8.7 per 100,000 adults | 9.53 per 100,000 adults | 6 |
| 2010s | 9.01 per 100,000 adults | 8.65 per 100,000 adults | 9.41 per 100,000 adults | 9 |
| 2020s | 8 per 100,000 adults | 7.19 per 100,000 adults | 8.67 per 100,000 adults | 5 |
Countries ranked near Saudi Arabia
More financial sector data for Saudi Arabia
- Total reserves in months of imports, annual growth rate 3.57 % 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 0.2687 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2487 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 8,588 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.2472 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 9,081 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 3.7 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 9,976 SDR per person (2025)
Frequently asked questions
- What is commercial bank branches in Saudi Arabia?
- Commercial bank branches in Saudi Arabia was 7.19 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Saudi Arabia?
- The highest recorded value was 9.53 per 100,000 adults in 2004.
- What is the lowest commercial bank branches recorded in Saudi Arabia?
- The lowest recorded value was 7.19 per 100,000 adults in 2024.
- How does Saudi Arabia rank for commercial bank branches?
- Saudi Arabia ranks 123rd out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Saudi Arabia?
- Over the last ten years it is down 21.4%. The long-run trend across the full record is falling.
- Where does this Saudi Arabia 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.