Kuwait's commercial bank branches (per 100,000 adults) was 10.08 in 2024, the latest year in the World Bank's World Development Indicators. That is down 31.16% from 14.64 in 2014 (3.66% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 10.08 | 2024 |
| Five years earlier | 12.05 | 2019 |
| Ten years earlier | 14.64 | 2014 |
| Highest | 16.02 | 2011 |
| Lowest | 10.08 | 2024 |
| Average since 2015 | 12.19 | 2015–2024 |
| First recorded | 12.96 | 2004 |
What the numbers say
In 2024, Kuwait's commercial bank branches (per 100,000 adults) fell 0.68 on 2023 (from 10.76 to 10.08).
Across the 19 yearly changes before that (2005 to 2023), the average change was −0.12 and a typical year strayed about 0.59 from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 0.8 in 2005 and the biggest yearly fall was 1.25 in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 0.42 a year. A straight line explains 95% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 9.11 for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 0.18, against 1.46 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Kuwait had the 90th highest value of the 152 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Kuwait | 10.08 | 2024 |
| World | 11.12 | 2024 |
| High income | 15.46 | 2024 |
Closest to Kuwait in the 2024 ranking
What this measures
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.
Limitations: Population-based ratios of the number of branches and ATMs assume a uniform distribution of bank outlets within a country's area and across its population, while in most countries bank branches and ATMs are concentrated in urban centers of the country and are accessible only to some individuals.
Regional and income-group figures are computed by the World Bank as a median.
All 21 values
| Year | Commercial bank branches (per 100,000 adults) |
|---|---|
| 2024 | 10.08 |
| 2023 | 10.76 |
| 2022 | 11.38 |
| 2021 | 12.2 |
| 2020 | 11.65 |
| 2019 | 12.05 |
| 2018 | 12.72 |
| 2017 | 13.2 |
| 2016 | 13.76 |
| 2015 | 14.14 |
| 2014 |
Commercial bank branches (per 100,000 adults) in nearby economies
- Afghanistan — 2.04 (2019)
- Algeria — 4.91 (2024)
- Bahrain — 13.4 (2024)
- Djibouti — 8.21 (2024)
- Egypt, Arab Rep. — 6.56 (2024)
- Iran, Islamic Rep. — 29.33 (2018)
- Iraq — 3.33 (2024)
- Israel — 13.67 (2024)
- Jordan — 11.81 (2024)
- Lebanon — 15.89 (2024)
More financial sector data for Kuwait
- DEC alternative conversion factor (LCU per US$) — US$0.31 (2025)
- Net domestic credit (current LCU) — 46.3 billion (2025)
- Net foreign assets (current LCU) — 28.58 billion (2025)
- Broad money (current LCU) — 42.12 billion (2025)
- Broad money to total reserves ratio — 2.66 (2025)
- Official exchange rate (LCU per US$, period average) — US$0.31 (2025)
- Domestic credit to private sector by banks (% of GDP) — 4.92% (2025)
- Claims on central government (annual growth as % of broad money) — 6.39% (2025)
- Monetary sector credit to private sector (% of GDP) — 4.92% (2025)
Reading data like this
Questions people ask
- What is Kuwait's commercial bank branches (per 100,000 adults)?
- 10.08 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2004?
- It is down 22.2% from 12.96 in 2004 (1.25% a year on average, compounded). The highest value was 16.02 in 2011 and the lowest 10.08 in 2024.
- How does Kuwait rank?
Source
World Bank, World Development Indicators, indicator FB.CBK.BRCH.P5, licensed CC BY 4.0. Original source: Financial Access Survey, International Monetary Fund (IMF), uri: https://data.imf.org/en/datasets/IMF.STA:FAS Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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