Commercial bank branches in Grenada

Grenada: Commercial bank branches was 15.89 per 100,000 adults in 2024. ▼ Falling

Latest (2024)
15.89 per 100,000 adults
Change on year
down 6.8%
World rank
60th
of 185 countries
All-time high
34.64 per 100,000 adults
in 2004
All-time low
15.89 per 100,000 adults
in 2024
Years of data
21
2004–2024

Commercial bank branches in Grenada, 2004–2024

01020302004201420242004: 34.6 per 100,000 adults2005: 31.5 per 100,000 adults2006: 31 per 100,000 adults2007: 30.5 per 100,000 adults2008: 30.1 per 100,000 adults2009: 29.8 per 100,000 adults2010: 29.5 per 100,000 adults2011: 30.4 per 100,000 adults2012: 31.2 per 100,000 adults2013: 30.9 per 100,000 adults2014: 30.6 per 100,000 adults2015: 30.3 per 100,000 adults2016: 22.3 per 100,000 adults2017: 22.2 per 100,000 adults2018: 22 per 100,000 adults2019: 21.9 per 100,000 adults2020: 19.6 per 100,000 adults2021: 20.5 per 100,000 adults2022: 20.4 per 100,000 adults2023: 17 per 100,000 adults2024: 15.9 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 Grenada stood at 15.89 per 100,000 adults. That is the lowest value across all 21 years on record.

That represents a change of down 6.8% on the previous year and down 48.1% over ten years.

Over the whole period, commercial bank branches in Grenada peaked at 34.64 per 100,000 adults in 2004 and was at its lowest, 15.89 per 100,000 adults, in 2024.

Grenada ranks 60th of 185 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.25 per 100,000 adults 29.78 per 100,000 adults 34.64 per 100,000 adults 6
2010s 27.13 per 100,000 adults 21.89 per 100,000 adults 31.23 per 100,000 adults 10
2020s 18.67 per 100,000 adults 15.89 per 100,000 adults 20.5 per 100,000 adults 5

Countries ranked near Grenada

  1. 57 Honduras 15.99 per 100,000 adults compare
  2. 58 Oman 15.96 per 100,000 adults compare
  3. 59 Lebanon 15.89 per 100,000 adults compare
  4. 61 Brazil 15.83 per 100,000 adults compare
  5. 62 Brunei 15.76 per 100,000 adults compare
  6. 63 Hungary 15.7 per 100,000 adults compare

See the full ranking of 231 places →

More financial sector data for Grenada

All data for Grenada →

Frequently asked questions

What is commercial bank branches in Grenada?
Commercial bank branches in Grenada was 15.89 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
What is the highest commercial bank branches recorded in Grenada?
The highest recorded value was 34.64 per 100,000 adults in 2004.
What is the lowest commercial bank branches recorded in Grenada?
The lowest recorded value was 15.89 per 100,000 adults in 2024.
How does Grenada rank for commercial bank branches?
Grenada ranks 60th out of 185 countries with data for 2024.
Is commercial bank branches rising or falling in Grenada?
Over the last ten years it is down 48.1%. The long-run trend across the full record is falling.
Where does this Grenada 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.