Bank Branch Density Statistics in Marshall Islands (2026)
As of 2023, commercial bank branch density in the Marshall Islands was 28 per 100,000 adults, per World Bank World Development Indicators data. Down from 28.5 per 100,000 adults in 2022 to 28 per 100,000 adults in 2023. Marshall Islands ranks #5 of 25 economies in East Asia & Pacific on this measure, and #22 of 172 globally.
Key Statistics
- Latest value (2023)
- 28 per 100,000 adults (2023)
- Bank Branch Density in the Marshall Islands as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- −1.7% (2023)
- Down from 28.5 per 100,000 adults in 2022 to 28 per 100,000 adults in 2023.
- CAGR 2004–2023
- +4.3% per year (2023)
- Compound annual growth rate from 12.5 per 100,000 adults in 2004 to 28 per 100,000 adults in 2023.
- Earliest value in this dataset (2004)
- 12.5 per 100,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 12.5 per 100,000 adults in 2004 to 28 per 100,000 adults in 2023.
- Peak value (2022)
- 28.5 per 100,000 adults (2022)
- Highest value in the available series; the 2023 value is 28 per 100,000 adults.
- Rank in East Asia & Pacific
- #5 of 25 (2023)
- The Marshall Islands ranks 5 of 25 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #22 of 172 (2023)
- The Marshall Islands ranks 22 of 172 countries with data globally.
- East Asia & Pacific average
- 16.1 per 100,000 adults (2023)
- The Marshall Islands (28 per 100,000 adults) is above the average of 16.1 per 100,000 adults across the 25 countries in East Asia & Pacific with data.
- Projected 2026 value
- 30.5 per 100,000 adults (2026)
- Projection based on 7-year trend (CAGR 2.9%); not an official figure.
- Number of commercial bank branches per 100,000 adults (2024)
- 32.5 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)
- 3 (2024)
- Related indicator from IMF Financial Access Survey.
- Internet use in the Marshall Islands (2024)
- 65.9% (2024)
- 65.9% of the population in the Marshall Islands used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 37,548 (2024)
- The Marshall Islands had a population of 37,548 in 2024 (World Bank); shown for scale only.
Trend, 2004–2023
| Year | per 100,000 adults | Change |
|---|---|---|
| 2023 | 28 | −1.7% |
| 2022 | 28.5 | +14.4% |
| 2021 | 24.9 | +1.8% |
| 2020 | 24.5 | +1.7% |
| 2019 | 24.1 | +1.7% |
| 2018 | 23.7 | +1.7% |
| 2017 | 23.3 | +1.6% |
| 2016 | 22.9 | +1.2% |
| 2015 | 22.6 | +0.9% |
| 2014 | 22.4 | +0.8% |
| 2013 | 22.2 | +0.8% |
| 2012 | 22.1 | +0.8% |
| 2011 | 21.9 | +17.6% |
| 2010 | 18.6 | +0.7% |
| 2009 | 18.5 | +0.5% |
| 2008 | 18.4 | +20.3% |
| 2007 | 15.3 | +24.7% |
| 2006 | 12.2 | −0.7% |
| 2005 | 12.3 | −1.1% |
| 2004 | 12.5 | — |
Frequently asked questions
What is the latest figure for commercial bank branch density in the Marshall Islands?
Commercial bank branch density in the Marshall Islands stood at 28 per 100,000 adults in 2023, according to World Bank World Development Indicators data.
Where does the Marshall Islands rank globally on bank branch density?
The Marshall Islands ranks 22 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 the Marshall Islands look like in 2026?
A trend-based projection puts it at 30.5 per 100,000 adults in 2026. Projection based on 7-year trend (CAGR 2.9%); not an official figure.
When did bank branch density in the Marshall Islands peak?
The highest value in the available series was 28.5 per 100,000 adults in 2022; the latest (2023) value is 28 per 100,000 adults.
How recent is the bank branch density data for the Marshall Islands?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for the Marshall Islands.
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 .