Bank branches — all countries

Bank branches — Guinea

Bank branches in Guinea in 2024 — 2.78 per 100k. Ranked 143 in the world out of 153. Since 2004, the indicator has risen by 282%.

2024 2.78 per 100k +0.39% vs 2023
World rank 143of 153
Period maximum 2.78 per 100k2024
Period minimum 0.71 per 100k2005

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Guinea, 2004–20240123200420062008201020122014201620182020202220242004: 0.73 per 100k2005: 0.71 per 100k2006: 0.81 per 100k2007: 0.89 per 100k2008: 1.1 per 100k2009: 1.28 per 100k2010: 1.4 per 100k2011: 1.55 per 100k2012: 1.7 per 100k2013: 1.76 per 100k2014: 2.36 per 100k2015: 2.62 per 100k2016: 2.6 per 100k2017: 2.63 per 100k2018: 2.66 per 100k2019: 2.62 per 100k2020: 2.64 per 100k2021: 2.6 per 100k2022: 2.7 per 100k2023: 2.76 per 100k2024: 2.78 per 100k
Change over the period: +2.05 (+282%) Average annual rate: 6.93 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Guinea

Guinea 2.78 per 100k
World 11.12 per 100k
Sub-Saharan Africa 4.01 per 100k
Western Africa computed 3.62 per 100k
Lower-middle-income countries computed 11.99 per 100k
Bank branches — Guinea, by year Guinea All countries CSV XLSX
Year per 100k Change Change, %
2024 2.78 +0.01 +0.39%
2023 2.76 +0.06 +2.27%
2022 2.7 +0.11 +4.08%
2021 2.6 −0.04 −1.51%
2020 2.64 +0.01 +0.49%
2019 2.62 −0.04 −1.43%
2018 2.66 +0.03 +1.3%
2017 2.63 +0.02 +0.92%
2016 2.6 −0.02 −0.71%
2015 2.62 +0.26 +11.05%
2014 2.36 +0.6 +33.92%
2013 1.76 +0.06 +3.72%
2012 1.7 +0.15 +9.81%
2011 1.55 +0.15 +10.35%
2010 1.4 +0.12 +9.36%
2009 1.28 +0.18 +16.67%
2008 1.1 +0.21 +24.15%
2007 0.89 +0.07 +9.03%
2006 0.81 +0.1 +14.14%
2005 0.71 −0.01 −2%
2004 0.73

About the indicator

The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.

Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.

Source: World Development Indicators (World Bank), license CC BY 4.0.