Commercial bank branches in Sub-Saharan Africa
Sub-Saharan Africa: Commercial bank branches was 4.01 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Sub-Saharan Africa, 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 is 4.01 per 100,000 adults, measured in 2024.
Compared with earlier readings it is 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 peaked at 4.09 per 100,000 adults in 2018 and was at its lowest, 1.72 per 100,000 adults, in 2004.
Sub-Saharan Africa ranks 38th of 46 groups on this measure, 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, 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
- 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
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, annual growth rate 20.18 % change on previous year (2025)
- Reserve tranche position, SDR, per capita 1.28 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate 0.1205 % change on previous year (2025)
- Reserve tranche position, US dollar, per capita 1.75 units per person (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, annual growth rate 5.14 % change on previous year (2025)
- Reserve position in the IMF, SDR, per capita 1.28 units per person (2025)
Frequently asked questions
- What is commercial bank branches in Sub-Saharan Africa?
- Commercial bank branches in Sub-Saharan Africa 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?
- 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?
- The lowest recorded value was 1.72 per 100,000 adults in 2004.
- How does Sub-Saharan Africa rank for commercial bank branches?
- Sub-Saharan Africa ranks 38th out of 46 groups with data for 2024.
- Is commercial bank branches rising or falling in Sub-Saharan Africa?
- 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 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.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.