Commercial bank branches in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Commercial bank branches was 4.01 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Sub-Saharan Africa (excluding high income), 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 Sub-Saharan Africa (excluding high income) is 4.01 per 100,000 adults, measured in 2024.
That represents a change of up 8.6% on the previous year and up 10.9% over ten years.
Over the whole period, commercial bank branches in Sub-Saharan Africa (excluding high income) peaked at 4.09 per 100,000 adults in 2018 and was at its lowest, 1.72 per 100,000 adults, in 2004.
That places Sub-Saharan Africa (excluding high income) 38th out of 46 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 Sub-Saharan Africa (excluding high income), year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 1.72 per 100,000 adults | — |
| 2005 | 1.81 per 100,000 adults | +4.9% |
| 2006 | 1.78 per 100,000 adults | -1.2% |
| 2007 | 2.24 per 100,000 adults | +25.5% |
| 2008 | 2.4 per 100,000 adults | +7.4% |
| 2009 | 2.6 per 100,000 adults | +8.4% |
| 2010 | 3.41 per 100,000 adults | +31.0% |
| 2011 | 3.5 per 100,000 adults | +2.5% |
| 2012 | 3.43 per 100,000 adults | -1.9% |
| 2013 | 3.68 per 100,000 adults | +7.2% |
| 2014 | 3.61 per 100,000 adults | -1.7% |
| 2015 | 3.92 per 100,000 adults | +8.4% |
| 2016 | 3.92 per 100,000 adults | +0.1% |
| 2017 | 4.04 per 100,000 adults | +3.0% |
| 2018 | 4.09 per 100,000 adults | +1.1% |
| 2019 | 4.03 per 100,000 adults | -1.5% |
| 2020 | 4.06 per 100,000 adults | +0.8% |
| 2021 | 3.93 per 100,000 adults | -3.3% |
| 2022 | 3.82 per 100,000 adults | -2.7% |
| 2023 | 3.69 per 100,000 adults | -3.4% |
| 2024 | 4.01 per 100,000 adults | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.09 per 100,000 adults | 1.72 per 100,000 adults | 2.6 per 100,000 adults | 6 |
| 2010s | 3.76 per 100,000 adults | 3.41 per 100,000 adults | 4.09 per 100,000 adults | 10 |
| 2020s | 3.9 per 100,000 adults | 3.69 per 100,000 adults | 4.06 per 100,000 adults | 5 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 35 Vanuatu 21.96 per 100,000 adults compare
- 36 Guatemala 21.94 per 100,000 adults compare
- 37 Poland 21.33 per 100,000 adults compare
- 38 Russian Federation 21.25 per 100,000 adults compare
- 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
More financial sector data for Sub-Saharan Africa (excluding high income)
- Net migration -225,499 (2025)
- Monetary Sector credit to private sector 22.9% (2022)
- Total reserves in months of imports 6.46 (2025)
- Broad money 38.6% (2023)
- Domestic credit to private sector by banks 24.7% (2023)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Domestic credit to private sector 29.4% (2022)
- Net migration, annual growth rate 66.97 % change on previous year (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 20.02 % change on previous year (2025)
Frequently asked questions
- What is commercial bank branches in Sub-Saharan Africa (excluding high income)?
- Commercial bank branches in Sub-Saharan Africa (excluding high income) was 4.01 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 4.09 per 100,000 adults in 2018.
- What is the lowest commercial bank branches recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 1.72 per 100,000 adults in 2004.
- How does Sub-Saharan Africa (excluding high income) rank for commercial bank branches?
- Sub-Saharan Africa (excluding high income) ranks 38th out of 46 groups with data for 2024.
- Is commercial bank branches rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa (excluding high income) 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.