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

Iceland: Number of commercial bank branches per 100,000 adults was 20.44 in 2024. ▼ Falling

Latest (2024)
20.44
Change on year
down 12.2%
World rank
35th
of 167 countries
All-time high
90.99
in 2004
All-time low
20.44
in 2024
Years of data
21
2004–2024

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

204060801002004201420242004: 912005: 862006: 77.22007: 72.82008: 69.32009: 60.72010: 57.72011: 52.32012: 47.22013: 43.22014: 40.32015: 36.42016: 35.42017: 34.42018: 31.22019: 30.12020: 27.92021: 26.42022: 25.32023: 23.32024: 20.4

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, number of commercial bank branches per 100,000 adults in Iceland stood at 20.44. That is the lowest value across all 21 years on record.

The figure is down 12.2% on the previous year and down 49.3% over ten years.

Over the whole period, number of commercial bank branches per 100,000 adults in Iceland peaked at 90.99 in 2004 and was at its lowest, 20.44, in 2024.

Iceland ranks 35th of 167 countries on this measure, 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 Iceland, year by year

Annual values for Number of commercial bank branches per 100,000 adults in Iceland, 2004 to 2024.
Year Value Change
2004 90.99
2005 86.05 -5.4%
2006 77.2 -10.3%
2007 72.82 -5.7%
2008 69.29 -4.8%
2009 60.73 -12.4%
2010 57.66 -5.1%
2011 52.27 -9.4%
2012 47.19 -9.7%
2013 43.17 -8.5%
2014 40.31 -6.6%
2015 36.36 -9.8%
2016 35.35 -2.8%
2017 34.39 -2.7%
2018 31.22 -9.2%
2019 30.08 -3.6%
2020 27.87 -7.4%
2021 26.39 -5.3%
2022 25.34 -4.0%
2023 23.27 -8.2%
2024 20.44 -12.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 76.18 60.73 90.99 6
2010s 40.8 30.08 57.66 10
2020s 24.66 20.44 27.87 5

Countries ranked near Iceland

  1. 32 Russian Federation 21.25 compare
  2. 33 Romania 20.76 compare
  3. 34 Malta 20.62 compare
  4. 36 Morocco 20.22 compare
  5. 37 Kosovo 19.65 compare
  6. 38 Slovakia 19.35 compare

See the full ranking of 196 places →

More development goals data for Iceland

All data for Iceland →

Frequently asked questions

What is number of commercial bank branches per 100,000 adults in Iceland?
Number of commercial bank branches per 100,000 adults in Iceland was 20.44 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 Iceland?
The highest recorded value was 90.99 in 2004.
What is the lowest number of commercial bank branches per 100,000 adults recorded in Iceland?
The lowest recorded value was 20.44 in 2024.
How does Iceland rank for number of commercial bank branches per 100,000 adults?
Iceland ranks 35th out of 167 countries with data for 2024.
Is number of commercial bank branches per 100,000 adults rising or falling in Iceland?
Over the last ten years it is down 49.3%. The long-run trend across the full record is falling.
Where does this Iceland 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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Number of commercial bank branches per 100,000 adults in Iceland. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 02 September 2026, from https://development-goals.statizoid.com/stat/number-of-commercial-bank-branches-per-100-000-adults/iceland/

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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