Bank Branch Density Statistics in Montenegro (2026)
According to World Bank World Development Indicators data, commercial bank branch density in Montenegro came to 35.6 per 100,000 adults in 2023. Down from 45.5 per 100,000 adults in 2022 to 35.6 per 100,000 adults in 2023. Montenegro ranks #5 of 46 economies in Europe & Central Asia on this measure, and #9 of 172 globally.
Key Statistics
- Latest value (2023)
- 35.6 per 100,000 adults (2023)
- Bank Branch Density in Montenegro as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- −21.8% (2023)
- Down from 45.5 per 100,000 adults in 2022 to 35.6 per 100,000 adults in 2023.
- CAGR 2004–2023
- +2.8% per year (2023)
- Compound annual growth rate from 21.2 per 100,000 adults in 2004 to 35.6 per 100,000 adults in 2023.
- Earliest value in this dataset (2004)
- 21.2 per 100,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 21.2 per 100,000 adults in 2004 to 35.6 per 100,000 adults in 2023.
- Peak value (2022)
- 45.5 per 100,000 adults (2022)
- Highest value in the available series; the 2023 value is 35.6 per 100,000 adults.
- Rank in Europe & Central Asia
- #5 of 46 (2023)
- Montenegro ranks 5 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #9 of 172 (2023)
- Montenegro ranks 9 of 172 countries with data globally.
- Europe & Central Asia average
- 23.6 per 100,000 adults (2023)
- Montenegro (35.6 per 100,000 adults) is above the average of 23.6 per 100,000 adults across the 46 countries in Europe & Central Asia with data.
- Projected 2026 value
- 32.4 per 100,000 adults (2026)
- Projection based on 7-year trend (CAGR -3.1%); not an official figure.
- Number of commercial bank branches per 100,000 adults (2024)
- 36.4 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)
- 175 (2024)
- Related indicator from IMF Financial Access Survey.
- Internet use in Montenegro (2024)
- 88.9% (2024)
- 88.9% of the population in Montenegro used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 623,525 (2024)
- Montenegro had a population of 623,525 in 2024 (World Bank); shown for scale only.
Trend, 2004–2023
| Year | per 100,000 adults | Change |
|---|---|---|
| 2023 | 35.6 | −21.8% |
| 2022 | 45.5 | +34.8% |
| 2021 | 33.8 | −11.6% |
| 2020 | 38.2 | −6.6% |
| 2019 | 40.9 | −6.3% |
| 2018 | 43.6 | −0.1% |
| 2017 | 43.7 | −1.5% |
| 2016 | 44.3 | +3.1% |
| 2015 | 43 | +2.7% |
| 2014 | 41.9 | −1.2% |
| 2013 | 42.4 | +4.6% |
| 2012 | 40.5 | +0.6% |
| 2011 | 40.3 | +1.1% |
| 2010 | 39.8 | −8.7% |
| 2009 | 43.6 | +4.4% |
| 2008 | 41.8 | +20.5% |
| 2007 | 34.7 | +27.0% |
| 2006 | 27.3 | +8.5% |
| 2005 | 25.2 | +18.9% |
| 2004 | 21.2 | — |
Frequently asked questions
What is the latest figure for commercial bank branch density in Montenegro?
Commercial bank branch density in Montenegro stood at 35.6 per 100,000 adults in 2023, according to World Bank World Development Indicators data.
How recent is the bank branch density data for Montenegro?
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 Montenegro.
Where does the bank branch density data for Montenegro come from?
The data comes from the World Bank World Development Indicators (indicator FB.CBK.BRCH.P5). The latest observation for Montenegro is from 2023; the snapshot was retrieved on 2026-06-10.
How has bank branch density in Montenegro changed over time?
World Bank World Development Indicators data show a rise from 21.2 per 100,000 adults in 2004 to 35.6 per 100,000 adults in 2023.
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 .