Bank Branch Density Statistics in Peru (2026)

According to World Bank World Development Indicators data, commercial bank branch density in Peru came to 4.8 per 100,000 adults in 2023. Down from 5.2 per 100,000 adults in 2022 to 4.8 per 100,000 adults in 2023. Peru ranks #31 of 32 economies in Latin America & Caribbean on this measure, and #137 of 172 globally.

Latest value (2023)
4.8 per 100,000 adults (2023)
Bank Branch Density in Peru as of 2023, the most recent observation in World Bank World Development Indicators data.
Change since 2022
−8% (2023)
Down from 5.2 per 100,000 adults in 2022 to 4.8 per 100,000 adults in 2023.
CAGR 2004–2023
+0.7% per year (2023)
Compound annual growth rate from 4.2 per 100,000 adults in 2004 to 4.8 per 100,000 adults in 2023.
Earliest value in this dataset (2004)
4.2 per 100,000 adults (2004)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 4.2 per 100,000 adults in 2004 to 4.8 per 100,000 adults in 2023.
Peak value (2015)
8.3 per 100,000 adults (2015)
Highest value in the available series; the 2023 value is 4.8 per 100,000 adults.
Rank in Latin America & Caribbean
#31 of 32 (2023)
Peru ranks 31 of 32 countries in Latin America & Caribbean with data, based on each country's latest value.
Global rank
#137 of 172 (2023)
Peru ranks 137 of 172 countries with data globally.
Latin America & Caribbean average
14.5 per 100,000 adults (2023)
Peru (4.8 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
3.8 per 100,000 adults (2026)
Projection based on 7-year trend (CAGR -7.4%); not an official figure.
Number of commercial bank branches per 100,000 adults (2024)
4.5 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)
1,152 (2024)
Related indicator from IMF Financial Access Survey.
Internet use in Peru (2024)
82% (2024)
82% of the population in Peru used the internet in 2024 (World Bank); shown for context only.
Population (2024)
34.2 million (2024)
Peru had a population of 34.2 million in 2024 (World Bank); shown for scale only.
Bank Branch Density in Peru by year (per 100,000 adults)
Year per 100,000 adults Change
2023 4.8−8.0%
2022 5.2−4.2%
2021 5.4−11.4%
2020 6.1−8.3%
2019 6.7−9.2%
2018 7.3−5.0%
2017 7.7−5.5%
2016 8.2−2.1%
2015 8.3+1.7%
2014 8.2+4.0%
2013 7.9+2.1%
2012 7.7+8.8%
2011 7.1+3.8%
2010 6.8+1.5%
2009 6.7+1.7%
2008 6.6+29.3%
2007 5.1+15.0%
2006 4.5+4.0%
2005 4.3+3.0%
2004 4.2
Bank Branch Density in Peru, 2004–2023Line chart of 20 observations from 2004 to 2023. Values range from 4.2 to 8.3; the series starts at 4.2 in 2004 and ends at 4.8 in 2023.46810200420102015202020234.24.8
Fig. 1 — Bank Branch Density in Peru, 2004–2023

Frequently asked questions

What is the latest figure for commercial bank branch density in Peru?

Commercial bank branch density in Peru stood at 4.8 per 100,000 adults in 2023, according to World Bank World Development Indicators data.

How has bank branch density in Peru changed over time?

World Bank World Development Indicators data show a rise from 4.2 per 100,000 adults in 2004 to 4.8 per 100,000 adults in 2023.

How does Peru compare with other countries in Latin America & Caribbean?

Peru ranks 31 of 32 countries in Latin America & Caribbean with data, with 4.8 per 100,000 adults versus a regional average of 14.5 per 100,000 adults (latest values per country).

Where does Peru rank globally on bank branch density?

Peru ranks 137 of 172 countries with data globally, based on the latest World Bank World Development Indicators value for each country.

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 .