Number of commercial bank branches per 100000 adults in Cyprus

Cyprus: Number of commercial bank branches per 100000 adults was 18.51 in 2024. ▼ Falling

Latest (2024)
18.51
Change on year
down 5.9%
World rank
45th
of 184 countries
All-time high
66.97
in 2004
All-time low
18.51
in 2024
Years of data
21
2004–2024

Number of commercial bank branches per 100000 adults in Cyprus, 2004–2024

2030405060702004201420242004: 672005: 62.22006: 60.12007: 59.82008: 60.22009: 59.12010: 56.62011: 53.92012: 50.22013: 37.52014: 35.92015: 34.12016: 32.12017: 46.92018: 39.12019: 332020: 28.42021: 25.92022: 20.62023: 19.72024: 18.5

Source: Our World in Data.

Analysis

In 2024, number of commercial bank branches per 100000 adults in Cyprus stood at 18.51. That is the lowest value across all 21 years on record.

The figure is down 5.9% on the previous year and down 48.4% over ten years.

Over the whole period, number of commercial bank branches per 100000 adults in Cyprus peaked at 66.97 in 2004 and was at its lowest, 18.51, in 2024.

Cyprus ranks 45th of 184 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 100000 adults in Cyprus, year by year

Annual values for Number of commercial bank branches per 100000 adults in Cyprus, 2004 to 2024.
Year Value Change
2004 66.97
2005 62.19 -7.1%
2006 60.05 -3.4%
2007 59.83 -0.4%
2008 60.17 +0.6%
2009 59.1 -1.8%
2010 56.61 -4.2%
2011 53.87 -4.8%
2012 50.19 -6.8%
2013 37.5 -25.3%
2014 35.89 -4.3%
2015 34.06 -5.1%
2016 32.12 -5.7%
2017 46.94 +46.2%
2018 39.12 -16.7%
2019 33 -15.6%
2020 28.41 -13.9%
2021 25.93 -8.7%
2022 20.57 -20.7%
2023 19.66 -4.4%
2024 18.51 -5.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 61.38 59.1 66.97 6
2010s 41.93 32.12 56.61 10
2020s 22.62 18.51 28.41 5

Countries ranked near Cyprus

  1. 42 Morocco 20.22 compare
  2. 43 Slovakia 19.35 compare
  3. 44 Slovenia 18.58 compare
  4. 46 Belgium 18.39 compare
  5. 47 Canada 18.04 compare
  6. 48 Albania 17.98 compare

See the full ranking of 184 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is number of commercial bank branches per 100000 adults in Cyprus?
Number of commercial bank branches per 100000 adults in Cyprus was 18.51 in 2024, according to Our World in Data.
What is the highest number of commercial bank branches per 100000 adults recorded in Cyprus?
The highest recorded value was 66.97 in 2004.
What is the lowest number of commercial bank branches per 100000 adults recorded in Cyprus?
The lowest recorded value was 18.51 in 2024.
How does Cyprus rank for number of commercial bank branches per 100000 adults?
Cyprus ranks 45th out of 184 countries with data for 2024.
Is number of commercial bank branches per 100000 adults rising or falling in Cyprus?
Over the last ten years it is down 48.4%. The long-run trend across the full record is falling.
Where does this Cyprus data come from?
The figures come from Our World in Data, published as part of Number of commercial bank branches per 100000 adults. Statizoid updates them automatically from the source API.

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Number of commercial bank branches per 100000 adults in Cyprus. Statizoid, drawing on Our World in Data. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/number-of-commercial-bank-branches-per-100000-adults/cyprus/

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About this data

Indicator
Number of commercial bank branches per 100000 adults
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 3,628 data points, 2004–2024
Last refreshed