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Commercial bank branches in Maldives

Maldives: Commercial bank branches was 14.37 per 100,000 adults in 2024. ▲ Rising

Latest (2024)
14.37 per 100,000 adults
Change on year
down 0.9%
World rank
71st
of 184 countries
All-time high
15.71 per 100,000 adults
in 2019
All-time low
10.58 per 100,000 adults
in 2004
Years of data
21
2004–2024

Commercial bank branches in Maldives, 2004–2024

0510152004201420242004: 10.6 per 100,000 adults2005: 10.7 per 100,000 adults2006: 12.5 per 100,000 adults2007: 12.7 per 100,000 adults2008: 12.8 per 100,000 adults2009: 12.5 per 100,000 adults2010: 11.9 per 100,000 adults2011: 11.8 per 100,000 adults2012: 11.6 per 100,000 adults2013: 11.2 per 100,000 adults2014: 11.1 per 100,000 adults2015: 10.9 per 100,000 adults2016: 13.2 per 100,000 adults2017: 14.9 per 100,000 adults2018: 14.9 per 100,000 adults2019: 15.7 per 100,000 adults2020: 15.4 per 100,000 adults2021: 14.9 per 100,000 adults2022: 14.6 per 100,000 adults2023: 14.5 per 100,000 adults2024: 14.4 per 100,000 adults

Source: IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data. Measured in per 100,000 adults.

Analysis

The most recent figure for commercial bank branches in Maldives is 14.37 per 100,000 adults, measured in 2024.

The figure is down 0.9% on the previous year and up 29.9% over ten years.

Over the whole period, commercial bank branches in Maldives peaked at 15.71 per 100,000 adults in 2019 and was at its lowest, 10.58 per 100,000 adults, in 2004.

That places Maldives 71st out of 184 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

Commercial bank branches in Maldives, year by year

Year per 100,000 adults Change
2004 10.58 per 100,000 adults —
2005 10.67 per 100,000 adults +0.8%
2006 12.5 per 100,000 adults +17.1%
2007 12.68 per 100,000 adults +1.4%
2008 12.8 per 100,000 adults +1.0%
2009 12.53 per 100,000 adults -2.1%
2010 11.93 per 100,000 adults -4.8%
2011 11.75 per 100,000 adults -1.5%
2012 11.61 per 100,000 adults -1.2%
2013 11.16 per 100,000 adults -3.9%
2014 11.07 per 100,000 adults -0.9%
2015 10.95 per 100,000 adults -1.0%
2016 13.16 per 100,000 adults +20.2%
2017 14.92 per 100,000 adults +13.4%
2018 14.92 per 100,000 adults +0.0%
2019 15.71 per 100,000 adults +5.3%
2020 15.43 per 100,000 adults -1.8%
2021 14.92 per 100,000 adults -3.3%
2022 14.62 per 100,000 adults -2.0%
2023 14.51 per 100,000 adults -0.8%
2024 14.37 per 100,000 adults -0.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.96 per 100,000 adults 10.58 per 100,000 adults 12.8 per 100,000 adults 6
2010s 12.72 per 100,000 adults 10.95 per 100,000 adults 15.71 per 100,000 adults 10
2020s 14.77 per 100,000 adults 14.37 per 100,000 adults 15.43 per 100,000 adults 5

Countries ranked near Maldives

  1. 68 New Zealand 14.71 per 100,000 adults compare
  2. 69 Czechia 14.63 per 100,000 adults compare
  3. 70 India 14.62 per 100,000 adults compare
  4. 72 Belize 14.37 per 100,000 adults compare
  5. 73 Ethiopia 14.26 per 100,000 adults compare
  6. 74 Mauritius 14.17 per 100,000 adults compare

See the full ranking of 184 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is commercial bank branches in Maldives?
Commercial bank branches in Maldives was 14.37 per 100,000 adults in 2024, according to IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data.
What is the highest commercial bank branches recorded in Maldives?
The highest recorded value was 15.71 per 100,000 adults in 2019.
What is the lowest commercial bank branches recorded in Maldives?
The lowest recorded value was 10.58 per 100,000 adults in 2004.
How does Maldives rank for commercial bank branches?
Maldives ranks 71st out of 184 countries with data for 2024.
Is commercial bank branches rising or falling in Maldives?
Over the last ten years it is up 29.9%. The long-run trend across the full record is rising.
Where does this Maldives data come from?
The figures come from IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data, published as part of Commercial bank branches. Statizoid updates them automatically from the source API.

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Commercial bank branches in Maldives. Statizoid, drawing on IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/number-of-commercial-bank-branches-per-100000-adults/maldives/

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About this data

Indicator
Commercial bank branches
Unit
per 100,000 adults
Source
IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 3,628 data points, 2004–2024
Last refreshed

Number of commercial bank branches per 100,000 adults. Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks to provide financial services to customers.