Commercial bank branches in Georgia

Georgia: Commercial bank branches was 31.62 per 100,000 adults in 2024. ▲ Rising

Latest (2024)
31.62 per 100,000 adults
Change on year
up 0.6%
World rank
16th
of 185 countries
All-time high
33.91 per 100,000 adults
in 2019
All-time low
10.24 per 100,000 adults
in 2004
Years of data
21
2004–2024

Commercial bank branches in Georgia, 2004–2024

1015202530352004201420242004: 10.2 per 100,000 adults2005: 11.7 per 100,000 adults2006: 14 per 100,000 adults2007: 17.1 per 100,000 adults2008: 21.9 per 100,000 adults2009: 20.8 per 100,000 adults2010: 21.4 per 100,000 adults2011: 23.8 per 100,000 adults2012: 28.1 per 100,000 adults2013: 33 per 100,000 adults2014: 32.5 per 100,000 adults2015: 32.3 per 100,000 adults2016: 33 per 100,000 adults2017: 33.5 per 100,000 adults2018: 31.8 per 100,000 adults2019: 33.9 per 100,000 adults2020: 32 per 100,000 adults2021: 31.6 per 100,000 adults2022: 31.3 per 100,000 adults2023: 31.4 per 100,000 adults2024: 31.6 per 100,000 adults

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

Analysis

The most recent figure for commercial bank branches in Georgia is 31.62 per 100,000 adults, measured in 2024.

Compared with earlier readings it is up 0.6% on the previous year and down 2.8% over ten years.

Over the whole period, commercial bank branches in Georgia peaked at 33.91 per 100,000 adults in 2019 and was at its lowest, 10.24 per 100,000 adults, in 2004.

Georgia ranks 16th of 185 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.96 per 100,000 adults 10.24 per 100,000 adults 21.86 per 100,000 adults 6
2010s 30.34 per 100,000 adults 21.37 per 100,000 adults 33.91 per 100,000 adults 10
2020s 31.59 per 100,000 adults 31.31 per 100,000 adults 31.96 per 100,000 adults 5

Countries ranked near Georgia

  1. 13 Marshall Islands 32.52 per 100,000 adults compare
  2. 14 Switzerland 32.21 per 100,000 adults compare
  3. 15 Seychelles 31.91 per 100,000 adults compare
  4. 17 Spain 31.33 per 100,000 adults compare
  5. 18 Italy 30.33 per 100,000 adults compare
  6. 19 France 30.05 per 100,000 adults compare

See the full ranking of 231 places →

More financial sector data for Georgia

All data for Georgia →

Frequently asked questions

What is commercial bank branches in Georgia?
Commercial bank branches in Georgia was 31.62 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
What is the highest commercial bank branches recorded in Georgia?
The highest recorded value was 33.91 per 100,000 adults in 2019.
What is the lowest commercial bank branches recorded in Georgia?
The lowest recorded value was 10.24 per 100,000 adults in 2004.
How does Georgia rank for commercial bank branches?
Georgia ranks 16th out of 185 countries with data for 2024.
Is commercial bank branches rising or falling in Georgia?
Over the last ten years it is down 2.8%. The long-run trend across the full record is rising.
Where does this Georgia 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

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.