Commercial bank branches in Zambia

Zambia: Commercial bank branches was 2.51 per 100,000 adults in 2024. ▼ Falling

Latest (2024)
2.51 per 100,000 adults
Change on year
down 3.6%
World rank
171st
of 184 countries
All-time high
4.59 per 100,000 adults
in 2014
All-time low
2.51 per 100,000 adults
in 2024
Years of data
21
2004–2024

Commercial bank branches in Zambia, 2004–2024

0123452004201420242004: 3.1 per 100,000 adults2005: 3 per 100,000 adults2006: 3 per 100,000 adults2007: 3.2 per 100,000 adults2008: 3.5 per 100,000 adults2009: 3.7 per 100,000 adults2010: 3.8 per 100,000 adults2011: 3.9 per 100,000 adults2012: 4.1 per 100,000 adults2013: 4.4 per 100,000 adults2014: 4.6 per 100,000 adults2015: 4.6 per 100,000 adults2016: 4.6 per 100,000 adults2017: 4.4 per 100,000 adults2018: 3.7 per 100,000 adults2019: 3.1 per 100,000 adults2020: 3 per 100,000 adults2021: 2.7 per 100,000 adults2022: 2.7 per 100,000 adults2023: 2.6 per 100,000 adults2024: 2.5 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 Zambia is 2.51 per 100,000 adults, measured in 2024. That is the lowest value across all 21 years on record.

That represents a change of down 3.6% on the previous year and down 45.4% over ten years.

Over the whole period, commercial bank branches in Zambia peaked at 4.59 per 100,000 adults in 2014 and was at its lowest, 2.51 per 100,000 adults, in 2024.

That places Zambia 171st out of 184 countries with data for 2024, putting it in the bottom quarter.

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

Commercial bank branches in Zambia, year by year

Annual values for Commercial bank branches in Zambia, 2004 to 2024.
Year per 100,000 adults Change
2004 3.11 per 100,000 adults
2005 2.95 per 100,000 adults -5.1%
2006 2.97 per 100,000 adults +0.5%
2007 3.22 per 100,000 adults +8.3%
2008 3.54 per 100,000 adults +10.0%
2009 3.68 per 100,000 adults +4.0%
2010 3.78 per 100,000 adults +2.8%
2011 3.92 per 100,000 adults +3.6%
2012 4.13 per 100,000 adults +5.4%
2013 4.35 per 100,000 adults +5.5%
2014 4.59 per 100,000 adults +5.4%
2015 4.56 per 100,000 adults -0.7%
2016 4.57 per 100,000 adults +0.2%
2017 4.4 per 100,000 adults -3.6%
2018 3.73 per 100,000 adults -15.4%
2019 3.13 per 100,000 adults -16.0%
2020 3.01 per 100,000 adults -3.9%
2021 2.74 per 100,000 adults -8.9%
2022 2.66 per 100,000 adults -2.9%
2023 2.6 per 100,000 adults -2.3%
2024 2.51 per 100,000 adults -3.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.24 per 100,000 adults 2.95 per 100,000 adults 3.68 per 100,000 adults 6
2010s 4.12 per 100,000 adults 3.13 per 100,000 adults 4.59 per 100,000 adults 10
2020s 2.71 per 100,000 adults 2.51 per 100,000 adults 3.01 per 100,000 adults 5

Countries ranked near Zambia

  1. 168 Burkina Faso 2.69 per 100,000 adults compare
  2. 169 Haiti 2.67 per 100,000 adults compare
  3. 170 Benin 2.52 per 100,000 adults compare
  4. 172 Tanzania, United Republic of 2.44 per 100,000 adults compare
  5. 173 Cameroon 2.2 per 100,000 adults compare
  6. 174 Sierra Leone 2.13 per 100,000 adults compare

See the full ranking of 184 places →

More reference data data for Zambia

All data for Zambia →

Frequently asked questions

What is commercial bank branches in Zambia?
Commercial bank branches in Zambia was 2.51 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 Zambia?
The highest recorded value was 4.59 per 100,000 adults in 2014.
What is the lowest commercial bank branches recorded in Zambia?
The lowest recorded value was 2.51 per 100,000 adults in 2024.
How does Zambia rank for commercial bank branches?
Zambia ranks 171st out of 184 countries with data for 2024.
Is commercial bank branches rising or falling in Zambia?
Over the last ten years it is down 45.4%. The long-run trend across the full record is falling.
Where does this Zambia 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 Zambia. Statizoid, drawing on IMF Financial Access Survey, via World Bank (2026) – processed by Our World in Data. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/number-of-commercial-bank-branches-per-100000-adults/zambia/

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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.