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

Cyprus: Number of commercial bank branches per 100,000 adults was 18.51 per 100,000 people in 2024. ▼ Falling

Latest (2024)
18.51 per 100,000 people
Change on year
down 5.9%
World rank
48th
of 194 countries
All-time high
66.97 per 100,000 people
in 2004
All-time low
18.51 per 100,000 people
in 2024
Years of data
21
2004–2024

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

2030405060702004201420242004: 67 per 100,000 people2005: 62.2 per 100,000 people2006: 60.1 per 100,000 people2007: 59.8 per 100,000 people2008: 60.2 per 100,000 people2009: 59.1 per 100,000 people2010: 56.6 per 100,000 people2011: 53.9 per 100,000 people2012: 50.2 per 100,000 people2013: 37.5 per 100,000 people2014: 35.9 per 100,000 people2015: 34.1 per 100,000 people2016: 32.1 per 100,000 people2017: 46.9 per 100,000 people2018: 39.1 per 100,000 people2019: 33 per 100,000 people2020: 28.4 per 100,000 people2021: 25.9 per 100,000 people2022: 20.6 per 100,000 people2023: 19.7 per 100,000 people2024: 18.5 per 100,000 people

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 Cyprus stood at 18.51 per 100,000 people. That is the lowest value across all 21 years on record.

That represents a change of down 5.9% on the previous year and down 48.4% over ten years.

Over the whole period, number of commercial bank branches per 100,000 adults in Cyprus peaked at 66.97 per 100,000 people in 2004 and was at its lowest, 18.51 per 100,000 people, in 2024.

That places Cyprus 48th out of 194 countries with data for 2024, putting it in the top quarter.

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

Number of commercial bank branches per 100,000 adults in Cyprus, year by year

Annual values for Number of commercial bank branches per 100,000 adults in Cyprus, 2004 to 2024.
Year per 100,000 people Change
2004 66.97 per 100,000 people —
2005 62.19 per 100,000 people -7.1%
2006 60.05 per 100,000 people -3.4%
2007 59.83 per 100,000 people -0.4%
2008 60.17 per 100,000 people +0.6%
2009 59.1 per 100,000 people -1.8%
2010 56.61 per 100,000 people -4.2%
2011 53.87 per 100,000 people -4.8%
2012 50.19 per 100,000 people -6.8%
2013 37.5 per 100,000 people -25.3%
2014 35.89 per 100,000 people -4.3%
2015 34.06 per 100,000 people -5.1%
2016 32.12 per 100,000 people -5.7%
2017 46.94 per 100,000 people +46.2%
2018 39.12 per 100,000 people -16.7%
2019 33 per 100,000 people -15.6%
2020 28.41 per 100,000 people -13.9%
2021 25.93 per 100,000 people -8.7%
2022 20.57 per 100,000 people -20.7%
2023 19.66 per 100,000 people -4.4%
2024 18.51 per 100,000 people -5.9%

Cyprus compared with similar countries

  • Cyprus's 18.51 per 100,000 people is above the median for high income countries, which is 15.76 per 100,000 people, 1.2× the median. (59 countries reporting)
  • Cyprus's 18.51 per 100,000 people is below the median for Europe & Central Asia, which is 19.35 per 100,000 people, 96% of the median. (47 countries reporting)

Biggest year-on-year movements

Years where Number of commercial bank branches per 100,000 adults in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2017 +46.2% 32.12 per 100,000 people 46.94 per 100,000 people

Averages by decade

DecadeAverage LowestHighest Years
2000s 61.38 per 100,000 people 59.1 per 100,000 people 66.97 per 100,000 people 6
2010s 41.93 per 100,000 people 32.12 per 100,000 people 56.61 per 100,000 people 10
2020s 22.62 per 100,000 people 18.51 per 100,000 people 28.41 per 100,000 people 5

Countries ranked near Cyprus

  1. 45 Kosovo 19.65 per 100,000 people compare
  2. 46 Slovakia 19.35 per 100,000 people compare
  3. 47 Slovenia 18.58 per 100,000 people compare
  4. 49 Belgium 18.39 per 100,000 people compare
  5. 50 Canada 18.04 per 100,000 people compare
  6. 51 Albania 17.98 per 100,000 people compare

See the full ranking of 208 places →

More development goals data for Cyprus

All data for Cyprus →

Frequently asked questions

What is number of commercial bank branches per 100,000 adults in Cyprus?
Number of commercial bank branches per 100,000 adults in Cyprus was 18.51 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 Cyprus?
The highest recorded value was 66.97 per 100,000 people in 2004.
What is the lowest number of commercial bank branches per 100,000 adults recorded in Cyprus?
The lowest recorded value was 18.51 per 100,000 people in 2024.
How does Cyprus rank for number of commercial bank branches per 100,000 adults?
Cyprus ranks 48th out of 194 countries with data for 2024.
Is number of commercial bank branches per 100,000 adults rising or falling in Cyprus?
Over the last ten years it is down 48.4%. The long-run trend across the full record is falling.
Where does this Cyprus 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 Cyprus. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 November 2026, from https://development-goals.statizoid.com/stat/number-of-commercial-bank-branches-per-100-000-adults/cyprus/

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/cyprus/">Number of commercial bank branches per 100,000 adults in Cyprus</a> — Statizoid

About this data

Indicator
Number of commercial bank branches per 100,000 adults
Unit
per 100,000 people
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
208 places, 3,920 data points, 2004–2024
Last refreshed