Bank Branch Density Statistics in Paraguay (2026)
In 2023, commercial bank branch density in Paraguay stood at 10 per 100,000 adults, according to World Bank World Development Indicators data. Up from 9.9 per 100,000 adults in 2022 to 10 per 100,000 adults in 2023. Paraguay ranks #22 of 32 economies in Latin America & Caribbean on this measure, and #99 of 172 globally.
Key Statistics
- Latest value (2023)
- 10 per 100,000 adults (2023)
- Bank Branch Density in Paraguay as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- +1.5% (2023)
- Up from 9.9 per 100,000 adults in 2022 to 10 per 100,000 adults in 2023.
- CAGR 2004–2023
- +4.4% per year (2023)
- Compound annual growth rate from 4.4 per 100,000 adults in 2004 to 10 per 100,000 adults in 2023.
- Earliest value in this dataset (2004)
- 4.4 per 100,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 4.4 per 100,000 adults in 2004 to 10 per 100,000 adults in 2023.
- Peak value (2017)
- 12.7 per 100,000 adults (2017)
- Highest value in the available series; the 2023 value is 10 per 100,000 adults.
- Rank in Latin America & Caribbean
- #22 of 32 (2023)
- Paraguay ranks 22 of 32 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #99 of 172 (2023)
- Paraguay ranks 99 of 172 countries with data globally.
- Latin America & Caribbean average
- 14.5 per 100,000 adults (2023)
- Paraguay (10 per 100,000 adults) is below the average of 14.5 per 100,000 adults across the 32 countries in Latin America & Caribbean with data.
- Projected 2026 value
- 9.6 per 100,000 adults (2026)
- Projection based on 7-year trend (CAGR -1.3%); not an official figure.
- Number of commercial bank branches per 100,000 adults (2024)
- 8.9 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)
- 422 (2024)
- Related indicator from IMF Financial Access Survey.
- Internet use in Paraguay (2024)
- 81.6% (2024)
- 81.6% of the population in Paraguay used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 6.9 million (2024)
- Paraguay had a population of 6.9 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2023
| Year | per 100,000 adults | Change |
|---|---|---|
| 2023 | 10 | +1.5% |
| 2022 | 9.9 | −5.1% |
| 2021 | 10.4 | −2.1% |
| 2020 | 10.6 | −10.9% |
| 2019 | 11.9 | −4.4% |
| 2018 | 12.5 | −1.4% |
| 2017 | 12.7 | +15.6% |
| 2016 | 10.9 | −0.2% |
| 2015 | 11 | +11.3% |
| 2014 | 9.9 | −11.8% |
| 2013 | 11.2 | +3.0% |
| 2012 | 10.8 | +5.3% |
| 2011 | 10.3 | +11.0% |
| 2010 | 9.3 | +20.5% |
| 2009 | 7.7 | +24.0% |
| 2008 | 6.2 | +33.3% |
| 2007 | 4.7 | +6.8% |
| 2006 | 4.4 | +1.9% |
| 2005 | 4.3 | −3.4% |
| 2004 | 4.4 | — |
Frequently asked questions
What is the latest figure for commercial bank branch density in Paraguay?
Commercial bank branch density in Paraguay stood at 10 per 100,000 adults in 2023, according to World Bank World Development Indicators data.
How has bank branch density in Paraguay changed over time?
World Bank World Development Indicators data show a rise from 4.4 per 100,000 adults in 2004 to 10 per 100,000 adults in 2023.
How does Paraguay compare with other countries in Latin America & Caribbean?
Paraguay ranks 22 of 32 countries in Latin America & Caribbean with data, with 10 per 100,000 adults versus a regional average of 14.5 per 100,000 adults (latest values per country).
Where does Paraguay rank globally on bank branch density?
Paraguay ranks 99 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 Paraguay look like in 2026?
A trend-based projection puts it at 9.6 per 100,000 adults in 2026. Projection based on 7-year trend (CAGR -1.3%); 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 .