Bank Branch Density Statistics in Grenada (2026)
In 2023, commercial bank branch density in Grenada stood at 16.6 per 100,000 adults, according to World Bank World Development Indicators data. Down from 19.9 per 100,000 adults in 2022 to 16.6 per 100,000 adults in 2023. Grenada ranks #8 of 32 economies in Latin America & Caribbean on this measure, and #56 of 172 globally.
Key Statistics
- Latest value (2023)
- 16.6 per 100,000 adults (2023)
- Bank Branch Density in Grenada as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- −16.5% (2023)
- Down from 19.9 per 100,000 adults in 2022 to 16.6 per 100,000 adults in 2023.
- CAGR 2004–2023
- −3.8% per year (2023)
- Compound annual growth rate from 34.7 per 100,000 adults in 2004 to 16.6 per 100,000 adults in 2023.
- Earliest value in this dataset (2004)
- 34.7 per 100,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 34.7 per 100,000 adults in 2004 to 16.6 per 100,000 adults in 2023.
- Peak value (2004)
- 34.7 per 100,000 adults (2004)
- Highest value in the available series; the 2023 value is 16.6 per 100,000 adults.
- Rank in Latin America & Caribbean
- #8 of 32 (2023)
- Grenada ranks 8 of 32 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #56 of 172 (2023)
- Grenada ranks 56 of 172 countries with data globally.
- Latin America & Caribbean average
- 14.5 per 100,000 adults (2023)
- Grenada (16.6 per 100,000 adults) is above the average of 14.5 per 100,000 adults across the 32 countries in Latin America & Caribbean with data.
- Projected 2026 value
- 14.8 per 100,000 adults (2026)
- Projection based on 7-year trend (CAGR -3.9%); not an official figure.
- Number of commercial bank branches per 100,000 adults (2024)
- 15.9 per 100,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Branches excluding headquarters, commercial banks (number) (2024)
- 12 (2024)
- Related indicator from IMF Financial Access Survey.
- Internet use in Grenada (2024)
- 70.2% (2024)
- 70.2% of the population in Grenada used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 117,207 (2024)
- Grenada had a population of 117,207 in 2024 (World Bank); shown for scale only.
Trend, 2004–2023
| Year | per 100,000 adults | Change |
|---|---|---|
| 2023 | 16.6 | −16.5% |
| 2022 | 19.9 | −0.8% |
| 2021 | 20.1 | +4.7% |
| 2020 | 19.2 | −10.7% |
| 2019 | 21.5 | −0.7% |
| 2018 | 21.6 | −0.7% |
| 2017 | 21.8 | −0.7% |
| 2016 | 21.9 | −26.5% |
| 2015 | 29.8 | −1.0% |
| 2014 | 30.1 | −1.0% |
| 2013 | 30.5 | −1.1% |
| 2012 | 30.8 | +2.7% |
| 2011 | 30 | +2.8% |
| 2010 | 29.1 | −1.3% |
| 2009 | 29.5 | −1.4% |
| 2008 | 29.9 | −1.5% |
| 2007 | 30.4 | −1.7% |
| 2006 | 30.9 | −1.9% |
| 2005 | 31.5 | −9.3% |
| 2004 | 34.7 | — |
Frequently asked questions
What is the latest figure for commercial bank branch density in Grenada?
Commercial bank branch density in Grenada stood at 16.6 per 100,000 adults in 2023, according to World Bank World Development Indicators data.
Where does Grenada rank globally on bank branch density?
Grenada ranks 56 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 Grenada look like in 2026?
A trend-based projection puts it at 14.8 per 100,000 adults in 2026. Projection based on 7-year trend (CAGR -3.9%); 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 .