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

Singapore: Number of commercial bank branches per 100,000 adults was 5.89 in 2024. ▼ Falling

Latest (2024)
5.89
Change on year
down 3.3%
World rank
123rd
of 167 countries
All-time high
11.48
in 2004
All-time low
5.89
in 2024
Years of data
21
2004–2024

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

02.557.51012.52004201420242004: 11.52005: 11.22006: 10.92007: 10.42008: 9.92009: 9.92010: 9.82011: 9.62012: 9.42013: 9.12014: 92015: 92016: 8.72017: 8.22018: 8.12019: 7.82020: 72021: 72022: 6.42023: 6.12024: 5.9

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Singapore recorded 5.89 for number of commercial bank branches per 100,000 adults in 2024. That is the lowest value across all 21 years on record.

That represents a change of down 3.3% on the previous year and down 34.6% over ten years.

Over the whole period, number of commercial bank branches per 100,000 adults in Singapore peaked at 11.48 in 2004 and was at its lowest, 5.89, in 2024.

That places Singapore 123rd out of 167 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 Singapore, year by year

Annual values for Number of commercial bank branches per 100,000 adults in Singapore, 2004 to 2024.
Year Value Change
2004 11.48
2005 11.24 -2.0%
2006 10.87 -3.4%
2007 10.41 -4.2%
2008 9.93 -4.6%
2009 9.85 -0.7%
2010 9.84 -0.1%
2011 9.59 -2.5%
2012 9.41 -1.9%
2013 9.1 -3.3%
2014 9 -1.1%
2015 8.96 -0.5%
2016 8.71 -2.8%
2017 8.24 -5.3%
2018 8.13 -1.3%
2019 7.81 -4.0%
2020 7.01 -10.2%
2021 6.95 -0.8%
2022 6.43 -7.5%
2023 6.09 -5.3%
2024 5.89 -3.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.63 9.85 11.48 6
2010s 8.88 7.81 9.84 10
2020s 6.47 5.89 7.01 5

Countries ranked near Singapore

  1. 120 Estonia 6.22 compare
  2. 121 Eswatini 6.04 compare
  3. 122 Ghana 5.89 compare
  4. 124 Myanmar 5.82 compare
  5. 125 Gambia 5.64 compare
  6. 126 Norway 5.51 compare

See the full ranking of 196 places →

More development goals data for Singapore

All data for Singapore →

Frequently asked questions

What is number of commercial bank branches per 100,000 adults in Singapore?
Number of commercial bank branches per 100,000 adults in Singapore was 5.89 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 Singapore?
The highest recorded value was 11.48 in 2004.
What is the lowest number of commercial bank branches per 100,000 adults recorded in Singapore?
The lowest recorded value was 5.89 in 2024.
How does Singapore rank for number of commercial bank branches per 100,000 adults?
Singapore ranks 123rd out of 167 countries with data for 2024.
Is number of commercial bank branches per 100,000 adults rising or falling in Singapore?
Over the last ten years it is down 34.6%. The long-run trend across the full record is falling.
Where does this Singapore 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 Singapore. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 04 September 2026, from https://development-goals.statizoid.com/stat/number-of-commercial-bank-branches-per-100-000-adults/singapore/

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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