Number of commercial bank branches per 100,000 adults in Republic of Korea

Republic of Korea: Number of commercial bank branches per 100,000 adults was 12.39 per 100,000 people in 2024. ▼ Falling

Latest (2024)
12.39 per 100,000 people
Change on year
down 2.4%
World rank
88th
of 194 countries
All-time high
18.76 per 100,000 people
in 2008
All-time low
12.39 per 100,000 people
in 2024
Years of data
21
2004–2024

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

051015202004201420242004: 16.9 per 100,000 people2005: 17.4 per 100,000 people2006: 17.9 per 100,000 people2007: 18.4 per 100,000 people2008: 18.8 per 100,000 people2009: 18.3 per 100,000 people2010: 18.2 per 100,000 people2011: 18.3 per 100,000 people2012: 18.3 per 100,000 people2013: 18 per 100,000 people2014: 17.2 per 100,000 people2015: 16.7 per 100,000 people2016: 16.2 per 100,000 people2017: 15.4 per 100,000 people2018: 15.2 per 100,000 people2019: 15 per 100,000 people2020: 14.3 per 100,000 people2021: 13.6 per 100,000 people2022: 12.9 per 100,000 people2023: 12.7 per 100,000 people2024: 12.4 per 100,000 people

Source: United Nations Statistics Division, SDG Global Database. Measured in per 100,000 people.

Analysis

Republic of Korea recorded 12.39 per 100,000 people for number of commercial bank branches per 100,000 adults in 2024. That is the lowest value across all 21 years on record.

The figure is down 2.4% on the previous year and down 27.9% over ten years.

Over the whole period, number of commercial bank branches per 100,000 adults in Republic of Korea peaked at 18.76 per 100,000 people in 2008 and was at its lowest, 12.39 per 100,000 people, in 2024.

That places Republic of Korea 88th out of 194 countries with data for 2024, putting it in the middle of the range.

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 Republic of Korea, year by year

Annual values for Number of commercial bank branches per 100,000 adults in Republic of Korea, 2004 to 2024.
Year per 100,000 people Change
2004 16.9 per 100,000 people
2005 17.42 per 100,000 people +3.1%
2006 17.9 per 100,000 people +2.8%
2007 18.38 per 100,000 people +2.6%
2008 18.76 per 100,000 people +2.1%
2009 18.25 per 100,000 people -2.7%
2010 18.24 per 100,000 people -0.1%
2011 18.26 per 100,000 people +0.1%
2012 18.33 per 100,000 people +0.4%
2013 18.03 per 100,000 people -1.6%
2014 17.2 per 100,000 people -4.6%
2015 16.75 per 100,000 people -2.6%
2016 16.21 per 100,000 people -3.2%
2017 15.4 per 100,000 people -5.0%
2018 15.24 per 100,000 people -1.1%
2019 15.02 per 100,000 people -1.4%
2020 14.29 per 100,000 people -4.9%
2021 13.57 per 100,000 people -5.0%
2022 12.89 per 100,000 people -5.0%
2023 12.7 per 100,000 people -1.5%
2024 12.39 per 100,000 people -2.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.94 per 100,000 people 16.9 per 100,000 people 18.76 per 100,000 people 6
2010s 16.87 per 100,000 people 15.02 per 100,000 people 18.33 per 100,000 people 10
2020s 13.17 per 100,000 people 12.39 per 100,000 people 14.29 per 100,000 people 5

Countries ranked near Republic of Korea

  1. 85 Sao Tome and Principe 12.97 per 100,000 people compare
  2. 86 Micronesia (Federated States of) 12.97 per 100,000 people compare
  3. 87 State of Palestine 12.92 per 100,000 people compare
  4. 88 Republic of Korea 12.39 per 100,000 people compare
  5. 90 Mauritania 12.32 per 100,000 people compare
  6. 91 Argentina 12.3 per 100,000 people compare

See the full ranking of 208 places →

More development goals data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is number of commercial bank branches per 100,000 adults in Republic of Korea?
Number of commercial bank branches per 100,000 adults in Republic of Korea was 12.39 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 Republic of Korea?
The highest recorded value was 18.76 per 100,000 people in 2008.
What is the lowest number of commercial bank branches per 100,000 adults recorded in Republic of Korea?
The lowest recorded value was 12.39 per 100,000 people in 2024.
How does Republic of Korea rank for number of commercial bank branches per 100,000 adults?
Republic of Korea ranks 88th out of 194 countries with data for 2024.
Is number of commercial bank branches per 100,000 adults rising or falling in Republic of Korea?
Over the last ten years it is down 27.9%. The long-run trend across the full record is falling.
Where does this Republic of Korea 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 Republic of Korea. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 05 September 2026, from https://development-goals.statizoid.com/stat/number-of-commercial-bank-branches-per-100-000-adults/korea-rep/

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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