Number of commercial bank branches per 100,000 adults in Armenia

Armenia: Number of commercial bank branches per 100,000 adults was 22.69 in 2024. ▲ Rising

Latest (2024)
22.69
Change on year
down 0.9%
World rank
26th
of 167 countries
All-time high
24.36
in 2020
All-time low
10.26
in 2004
Years of data
21
2004–2024

Number of commercial bank branches per 100,000 adults in Armenia, 2004–2024

05101520252004201420242004: 10.32005: 11.62006: 12.92007: 14.82008: 16.22009: 16.72010: 17.52011: 192012: 20.32013: 20.82014: 222015: 22.82016: 22.72017: 22.92018: 23.42019: 24.12020: 24.42021: 24.12022: 24.22023: 22.92024: 22.7

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, number of commercial bank branches per 100,000 adults in Armenia stood at 22.69.

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 in 2020 and was at its lowest, 10.26, in 2004.

That places Armenia 26th out of 167 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

Annual values for Number of commercial bank branches per 100,000 adults in Armenia, 2004 to 2024.
Year Value Change
2004 10.26
2005 11.62 +13.3%
2006 12.86 +10.7%
2007 14.8 +15.1%
2008 16.2 +9.4%
2009 16.69 +3.0%
2010 17.5 +4.8%
2011 18.96 +8.3%
2012 20.28 +7.0%
2013 20.84 +2.7%
2014 21.95 +5.3%
2015 22.79 +3.8%
2016 22.69 -0.4%
2017 22.87 +0.8%
2018 23.41 +2.4%
2019 24.06 +2.7%
2020 24.36 +1.3%
2021 24.07 -1.2%
2022 24.17 +0.4%
2023 22.89 -5.3%
2024 22.69 -0.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.74 10.26 16.69 6
2010s 21.54 17.5 24.06 10
2020s 23.64 22.69 24.36 5

Countries ranked near Armenia

  1. 23 Serbia 23.97 compare
  2. 24 Samoa 23.85 compare
  3. 25 Nepal 23.82 compare
  4. 27 Tunisia 22.37 compare
  5. 28 Bahamas 22.16 compare
  6. 29 Vanuatu 21.96 compare

See the full ranking of 196 places →

More development goals data for Armenia

All data for Armenia →

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 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 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 in 2004.
How does Armenia rank for number of commercial bank branches per 100,000 adults?
Armenia ranks 26th out of 167 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.

Download this data

CSV · JSON — 21 observations, free to reuse under UN SDG Global Database (open, attribution requested).

Share, cite or embed this page

Cite this page

Number of commercial bank branches per 100,000 adults in Armenia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 04 September 2026, from https://development-goals.statizoid.com/stat/number-of-commercial-bank-branches-per-100-000-adults/armenia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under UN SDG Global Database (open, attribution requested); please keep the attribution.

<a href="https://development-goals.statizoid.com/stat/number-of-commercial-bank-branches-per-100-000-adults/armenia/">Number of commercial bank branches per 100,000 adults in Armenia</a> — Statizoid

About this data

Indicator
Number of commercial bank branches per 100,000 adults
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
196 places, 3,704 data points, 2004–2024
Last refreshed