Number of commercial bank branches per 100,000 adults in Iceland
Iceland: Number of commercial bank branches per 100,000 adults was 20.44 per 100,000 people in 2024. ▼ Falling
Number of commercial bank branches per 100,000 adults in Iceland, 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 Iceland stood at 20.44 per 100,000 people. 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 per 100,000 people in 2004 and was at its lowest, 20.44 per 100,000 people, in 2024.
Iceland ranks 43rd of 194 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
| Year | per 100,000 people | Change |
|---|---|---|
| 2004 | 90.99 per 100,000 people | — |
| 2005 | 86.05 per 100,000 people | -5.4% |
| 2006 | 77.2 per 100,000 people | -10.3% |
| 2007 | 72.82 per 100,000 people | -5.7% |
| 2008 | 69.29 per 100,000 people | -4.8% |
| 2009 | 60.73 per 100,000 people | -12.4% |
| 2010 | 57.66 per 100,000 people | -5.1% |
| 2011 | 52.27 per 100,000 people | -9.4% |
| 2012 | 47.19 per 100,000 people | -9.7% |
| 2013 | 43.17 per 100,000 people | -8.5% |
| 2014 | 40.31 per 100,000 people | -6.6% |
| 2015 | 36.36 per 100,000 people | -9.8% |
| 2016 | 35.35 per 100,000 people | -2.8% |
| 2017 | 34.39 per 100,000 people | -2.7% |
| 2018 | 31.22 per 100,000 people | -9.2% |
| 2019 | 30.08 per 100,000 people | -3.6% |
| 2020 | 27.87 per 100,000 people | -7.4% |
| 2021 | 26.39 per 100,000 people | -5.3% |
| 2022 | 25.34 per 100,000 people | -4.0% |
| 2023 | 23.27 per 100,000 people | -8.2% |
| 2024 | 20.44 per 100,000 people | -12.2% |
Iceland compared with similar countries
- Iceland's 20.44 per 100,000 people is above the median for high income countries, which is 15.76 per 100,000 people, 1.3× the median. (59 countries reporting)
- Iceland's 20.44 per 100,000 people is above the median for Europe & Central Asia, which is 19.35 per 100,000 people, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 76.18 per 100,000 people | 60.73 per 100,000 people | 90.99 per 100,000 people | 6 |
| 2010s | 40.8 per 100,000 people | 30.08 per 100,000 people | 57.66 per 100,000 people | 10 |
| 2020s | 24.66 per 100,000 people | 20.44 per 100,000 people | 27.87 per 100,000 people | 5 |
Countries ranked near Iceland
More development goals data for Iceland
- Red List Index 0.8515 index (2025)
- Number of refugees per 100,000 population, by country of origin 4.27 per 100,000 people (2025)
- Manufacturing value added per capita 5,542 constant US$ (2025)
- Number of transboundary breeds 6 (2025)
- Number of transboundary breeds (not extinct) 6 (2025)
- Number of transboundary breeds with unknown risk status 1 (2025)
- Number of local breeds with unknown risk status 4 (2025)
- Number of local breeds (not extinct) 10 (2025)
- Number of local breeds kept in the country 10 (2025)
- Infant deaths 9 (2024)
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 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 Iceland?
- The highest recorded value was 90.99 per 100,000 people 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 per 100,000 people in 2024.
- How does Iceland rank for number of commercial bank branches per 100,000 adults?
- Iceland ranks 43rd out of 194 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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