Number of commercial bank branches per 100,000 adults in South Korea
South Korea: Number of commercial bank branches per 100,000 adults was 12.39 per 100,000 people in 2024. ▼ Falling
Number of commercial bank branches per 100,000 adults in South Korea, 2004–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in per 100,000 people.
Analysis
South 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 South 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 South 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 South Korea, year by year
| 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% |
South Korea compared with similar countries
- South Korea's 12.39 per 100,000 people is below the median for high income countries, which is 15.76 per 100,000 people, 79% of the median. (59 countries reporting)
- South Korea's 12.39 per 100,000 people is above the median for East Asia & Pacific, which is 10.71 per 100,000 people, 1.2× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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 South Korea
- 85 Sao Tome and Principe 12.97 per 100,000 people compare
- 86 Micronesia (Federated States of) 12.97 per 100,000 people compare
- 87 State of Palestine 12.92 per 100,000 people compare
- 88 Republic of Korea 12.39 per 100,000 people compare
- 90 Mauritania 12.32 per 100,000 people compare
- 91 Argentina 12.3 per 100,000 people compare
More development goals data for South Korea
- Red List Index 0.7105 index (2025)
- Number of refugees per 100,000 population, by country of origin 0.2284 per 100,000 people (2025)
- Manufacturing value added per capita 10,025 constant US$ (2025)
- Number of transboundary breeds 49 (2025)
- Number of transboundary breeds (not extinct) 49 (2025)
- Number of transboundary breeds with unknown risk status 15 (2025)
- Number of local breeds with unknown risk status 18 (2025)
- Number of local breeds (not extinct) 86 (2025)
- Number of local breeds kept in the country 86 (2025)
- Infant deaths 556 (2024)
Frequently asked questions
- What is number of commercial bank branches per 100,000 adults in South Korea?
- Number of commercial bank branches per 100,000 adults in South 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 South 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 South Korea?
- The lowest recorded value was 12.39 per 100,000 people in 2024.
- How does South Korea rank for number of commercial bank branches per 100,000 adults?
- South 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 South Korea?
- Over the last ten years it is down 27.9%. The long-run trend across the full record is falling.
- Where does this South 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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