Bank Branch Density Statistics in Ethiopia (2026)
Ethiopia recorded commercial bank branch density of 14.5 per 100,000 adults in 2023, World Bank World Development Indicators data show. Up from 12 per 100,000 adults in 2022 to 14.5 per 100,000 adults in 2023. Ethiopia ranks #4 of 42 economies in Sub-Saharan Africa on this measure, and #70 of 172 globally.
Key Statistics
- Latest value (2023)
- 14.5 per 100,000 adults (2023)
- Bank Branch Density in Ethiopia as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- +20.3% (2023)
- Up from 12 per 100,000 adults in 2022 to 14.5 per 100,000 adults in 2023.
- CAGR 2004–2023
- +16.2% per year (2023)
- Compound annual growth rate from 0.8 per 100,000 adults in 2004 to 14.5 per 100,000 adults in 2023.
- Earliest value in this dataset (2004)
- 0.8 per 100,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 0.8 per 100,000 adults in 2004 to 14.5 per 100,000 adults in 2023.
- Record high (2023)
- 14.5 per 100,000 adults (2023)
- The 2023 value is the highest in the available World Bank World Development Indicators series for Ethiopia.
- Rank in Sub-Saharan Africa
- #4 of 42 (2023)
- Ethiopia ranks 4 of 42 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #70 of 172 (2023)
- Ethiopia ranks 70 of 172 countries with data globally.
- Sub-Saharan Africa average
- 6.4 per 100,000 adults (2023)
- Ethiopia (14.5 per 100,000 adults) is above the average of 6.4 per 100,000 adults across the 42 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- 22 per 100,000 adults (2026)
- Projection applies a capped growth rate of 15%/yr — the observed 16-year trend (17.7%/yr) exceeds our ±15%/yr cap; not an official figure.
- Number of commercial bank branches per 100,000 adults (2023)
- 14.3 per 100,000 adults (2023)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Branches excluding headquarters, commercial banks (number) (2023)
- 11,097 (2023)
- Related indicator from IMF Financial Access Survey.
- Internet use in Ethiopia (2024)
- 21.9% (2024)
- 21.9% of the population in Ethiopia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 132.1 million (2024)
- Ethiopia had a population of 132.1 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2023
| Year | per 100,000 adults | Change |
|---|---|---|
| 2023 | 14.5 | +20.3% |
| 2022 | 12 | +315.2% |
| 2012 | 2.9 | +54.2% |
| 2011 | 1.9 | +39.1% |
| 2010 | 1.4 | +3.5% |
| 2009 | 1.3 | +10.1% |
| 2008 | 1.2 | +10.7% |
| 2007 | 1.1 | +14.6% |
| 2006 | 0.9 | +2.4% |
| 2005 | 0.9 | +9.3% |
| 2004 | 0.8 | — |
Frequently asked questions
What is the latest figure for commercial bank branch density in Ethiopia?
Commercial bank branch density in Ethiopia stood at 14.5 per 100,000 adults in 2023, according to World Bank World Development Indicators data.
Where does Ethiopia rank globally on bank branch density?
Ethiopia ranks 70 of 172 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
What could bank branch density in Ethiopia look like in 2026?
A trend-based projection puts it at 22 per 100,000 adults in 2026. Projection applies a capped growth rate of 15%/yr — the observed 16-year trend (17.7%/yr) exceeds our ±15%/yr cap; not an official figure.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.CBK.BRCH.P5, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .