Number of commercial bank branches per 100,000 adults in Armenia
Armenia: Number of commercial bank branches per 100,000 adults was 22.69 per 100,000 people in 2024. ▲ Rising
Latest (2024)
22.69 per 100,000 people
Change on year
down 0.9%
World rank
33rd
of 194 countries
All-time high
24.36 per 100,000 people
in 2020
All-time low
10.26 per 100,000 people
in 2004
Years of data
21
2004–2024
Number of commercial bank branches per 100,000 adults in Armenia, 2004–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in per 100,000 people.
Analysis
In 2024, number of commercial bank branches per 100,000 adults in Armenia stood at 22.69 per 100,000 people.
That represents a change of down 0.9% on the previous year and up 3.4% over ten years.
Over the whole period, number of commercial bank branches per 100,000 adults in Armenia peaked at 24.36 per 100,000 people in 2020 and was at its lowest, 10.26 per 100,000 people, in 2004.
That places Armenia 33rd out of 194 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Number of commercial bank branches per 100,000 adults in Armenia, year by year
| Year | per 100,000 people | Change |
|---|---|---|
| 2004 | 10.26 per 100,000 people | — |
| 2005 | 11.62 per 100,000 people | +13.3% |
| 2006 | 12.86 per 100,000 people | +10.7% |
| 2007 | 14.8 per 100,000 people | +15.1% |
| 2008 | 16.2 per 100,000 people | +9.4% |
| 2009 | 16.69 per 100,000 people | +3.0% |
| 2010 | 17.5 per 100,000 people | +4.8% |
| 2011 | 18.96 per 100,000 people | +8.3% |
| 2012 | 20.28 per 100,000 people | +7.0% |
| 2013 | 20.84 per 100,000 people | +2.7% |
| 2014 | 21.95 per 100,000 people | +5.3% |
| 2015 | 22.79 per 100,000 people | +3.8% |
| 2016 | 22.69 per 100,000 people | -0.4% |
| 2017 | 22.87 per 100,000 people | +0.8% |
| 2018 | 23.41 per 100,000 people | +2.4% |
| 2019 | 24.06 per 100,000 people | +2.7% |
| 2020 | 24.36 per 100,000 people | +1.3% |
| 2021 | 24.07 per 100,000 people | -1.2% |
| 2022 | 24.17 per 100,000 people | +0.4% |
| 2023 | 22.89 per 100,000 people | -5.3% |
| 2024 | 22.69 per 100,000 people | -0.9% |
Armenia compared with similar countries
- Armenia's 22.69 per 100,000 people is above the median for upper middle income countries, which is 12.11 per 100,000 people, 1.9× the median. (52 countries reporting)
- Armenia's 22.69 per 100,000 people is above the median for Europe & Central Asia, which is 19.35 per 100,000 people, 1.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.74 per 100,000 people | 10.26 per 100,000 people | 16.69 per 100,000 people | 6 |
| 2010s | 21.54 per 100,000 people | 17.5 per 100,000 people | 24.06 per 100,000 people | 10 |
| 2020s | 23.64 per 100,000 people | 22.69 per 100,000 people | 24.36 per 100,000 people | 5 |
Countries ranked near Armenia
More development goals data for Armenia
- Red List Index 0.8418 index (2025)
- Number of refugees per 100,000 population, by country of origin 531.61 per 100,000 people (2025)
- Manufacturing value added per capita 649.47 constant US$ (2025)
- Number of transboundary breeds 25 (2025)
- Number of transboundary breeds (not extinct) 24 (2025)
- Number of transboundary breeds with unknown risk status 24 (2025)
- Number of local breeds with unknown risk status 13 (2025)
- Number of local breeds (not extinct) 13 (2025)
- Number of local breeds kept in the country 14 (2025)
- Infant deaths 301 (2024)
Frequently asked questions
- What is number of commercial bank branches per 100,000 adults in Armenia?
- Number of commercial bank branches per 100,000 adults in Armenia was 22.69 per 100,000 people in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest number of commercial bank branches per 100,000 adults recorded in Armenia?
- The highest recorded value was 24.36 per 100,000 people in 2020.
- What is the lowest number of commercial bank branches per 100,000 adults recorded in Armenia?
- The lowest recorded value was 10.26 per 100,000 people in 2004.
- How does Armenia rank for number of commercial bank branches per 100,000 adults?
- Armenia ranks 33rd out of 194 countries with data for 2024.
- Is number of commercial bank branches per 100,000 adults rising or falling in Armenia?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Number of commercial bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
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