Liberia's commercial bank branches (per 100,000 adults) was 3 in 2023, the latest year in the World Bank's World Development Indicators. That is down 16.95% from 3.62 in 2013 (1.84% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3 | 2023 |
| Five years earlier | 3.14 | 2018 |
| Ten years earlier | 3.62 | 2013 |
| Highest | 3.62 | 2013 |
| Lowest | 0.81 | 2006 |
| Average since 2014 | 3.05 | 2014–2023 |
| First recorded | 0.81 | 2006 |
What the numbers say
In 2023, Liberia's commercial bank branches (per 100,000 adults) rose 0.00173 on 2022 (from 3 to 3).
Across the 16 yearly changes before that (2007 to 2022), the average change was +0.14 and a typical year strayed about 0.42 from that (the standard deviation). This year's change was 0.3 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 1.24 in 2009 and the biggest yearly fall was 0.64 in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 12% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Liberia | 3 | 2023 |
| World | 11.12 | 2024 |
| Sub-Saharan Africa | 4.01 | 2024 |
| Low income | 2.77 | 2023 |
Closest to Liberia in the 2023 ranking
- United Arab Emirates — 3rd of 6: 7.09
- Germany — 4th of 6: 6.66
- Timor-Leste — 5th of 6: 5.27
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 18 values
| Year | Commercial bank branches (per 100,000 adults) |
|---|---|
| 2023 | 3 |
| 2022 | 3 |
| 2021 | 3.09 |
| 2020 | 2.88 |
| 2019 | 3.06 |
| 2018 | 3.14 |
| 2017 | 2.92 |
| 2016 | 2.88 |
| 2015 | 2.94 |
| 2014 | 3.58 |
| 2013 |
Commercial bank branches (per 100,000 adults) in nearby economies
- Angola — 6.82 (2024)
- Benin — 2.52 (2024)
- Botswana — 7.95 (2024)
- Burkina Faso — 2.69 (2024)
- Burundi — 3.24 (2022)
- Cabo Verde — 34.8 (2024)
- Cameroon — 2.2 (2020)
- Central African Republic — 0.74 (2017)
- Chad — 0.81 (2021)
- Comoros — 5.14 (2024)
More financial sector data for Liberia
- GDP deflator (base year varies by country) — 125.09 (2025)
- DEC alternative conversion factor (LCU per US$) — US$1 (2025)
- Inflation, GDP deflator (annual % growth) — 4.52% (2025)
- Official exchange rate (LCU per US$, period average) — US$191.31 (2024)
- Domestic credit to private sector by banks (% of GDP) — 16.95% (2024)
- Net domestic credit (current LCU) — 1.6 billion (2024)
- Net foreign assets (current LCU) — 163.79 million (2024)
- Monetary sector credit to private sector (% of GDP) — 17.21% (2024)
- Broad money (current LCU) — 1.29 billion (2024)
- Broad money (% of GDP)
Reading data like this
Questions people ask
- What is Liberia's commercial bank branches (per 100,000 adults)?
- 3 in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 273.11% from 0.81 in 2006 (8.05% a year on average, compounded). The highest value was 3.62 in 2013 and the lowest 0.81 in 2006.
- Is the latest change in commercial bank branches (per 100,000 adults) unusual for Liberia?
- In 2023, Liberia's commercial bank branches (per 100,000 adults) rose 0.00173 on 2022 (from 3 to 3). Across the 16 yearly changes before that (2007 to 2022), the average change was +0.14 and a typical year strayed about 0.42 from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Financial Access Survey, International Monetary Fund (IMF), uri: https://data.imf.org/en/datasets/IMF.STA:FAS.
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.
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