Commercial bank branches in Iraq: 3.3 (Bank branches, 2024 · 150th of 167). Commercial bank branches (per 100,000 adults) in Iraq: 3.3 in 2024, ranking 150th of 167 countries. In 2010 it was 5.0.
Data last updated · Period: 2010–2024
Understanding the chart
The line chart above tracks commercial bank branches (per 100,000 adults) in Iraq for each year from 2010 to 2024, 15 data points in all. Each dot is one year; the first and last years and the highest point are labelled with their values, and the vertical scale is in per 100,000 adults. All values in this period were above zero. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2010–2024 and come from World Bank, World Development Indicators (CC BY 4.0).
Key insights
- Between 2010 and 2024, Iraq's bank branches fell from 5.0 to 3.3, a change of -33.7% (about -2.9% a year on average).
- The highest value in this period was 5.2 in 2012; the lowest was 3.2 in 2023.
- Recently, the figure has moved up and down over the last three years (2023: 3.2; 2024: 3.3).
- That is 70% lower than the world figure of 11.1.
- Iraq has the 150th-highest value of 167 countries with recent data.
- In Western Asia, Iraq has the 16th-highest value of 16 countries with recent data; the highest is Georgia (31.6), and the typical (median) value is 13.2.
Analysis
Averaged over periods, the figure was 5.0 in 2010 to 2014, 4.1 in 2015 to 2019 and 3.5 in 2020 onwards. The value went up in 3 of the 14 year-to-year steps and down in 11. The biggest one-year rise came in 2018 (+0.4, or 10.5%). The biggest one-year fall came in 2016 (−0.8, or 16.4%). Across the period the values varied by about 17% around their average (4.2), a moderate amount of change.
Iraq and its neighbours
Commercial bank branches (per 100,000 adults) among 16 countries in Western Asia with recent data, ranked from highest to lowest.
| Rank in region | Country | Value | Year |
|---|---|---|---|
| 10 | Jordan | 11.8 | 2024 |
| 11 | Kuwait | 10.1 | 2024 |
| 12 | Qatar | 10.0 | 2021 |
| 13 | Saudi Arabia | 7.2 | 2024 |
| 14 | United Arab Emirates | 7.1 | 2023 |
| 15 | Azerbaijan | 6.4 | 2024 |
| 16 | Iraq | 3.3 | 2024 |
Iraq on related measures
- Official exchange rate (local currency per US$, annual average): 1,300 per US$ (2024, 21st-highest of 205 countries)
- Credit to the private sector (% of GDP): 14.0% (2024, 134th-highest of 154 countries)
- ATMs (per 100,000 adults): 14.2 (2023, 133rd-highest of 171 countries)
- GDP per person (current US$): $5,410 (2025, 130th-highest of 204 countries)
- GDP growth (annual %): -2.2% (2025, 199th-highest of 204 countries)
Global position: Iraq's figure is higher than 10% of the 167 countries with data for this measure.
What it means
For businesses and investors, the figure is most useful alongside related measures for the same country, such as growth, inflation, population and incomes, and compared with similar countries. Compared with its neighbours in Western Asia, where the typical value is 13.2, Iraq is 75% lower than the regional median.
About this statistic
The number of commercial bank branches for every 100,000 adults. Source: World Bank, World Development Indicators.
For the full definition, caveats and every country ranked, see Commercial bank branches (per 100,000 adults) by country, 2024.
Questions and answers
What is the commercial bank branches (per 100,000 adults) in Iraq?
3.3 (Bank branches, 2024 · 150th of 167). Commercial bank branches (per 100,000 adults) in Iraq: 3.3 in 2024, ranking 150th of 167 countries. In 2010 it was 5.0.
How has bank branches in Iraq changed since 2010?
Between 2010 and 2024, Iraq's bank branches fell from 5.0 to 3.3, a change of -33.7% (about -2.9% a year on average). The highest value in this period was 5.2 in 2012; the lowest was 3.2 in 2023.
How this page was made
Generated by Advanton from World Bank, World Development Indicators (2010–2024), data updated 8 November 2026: chart, ranks, comparisons and text are computed from the published figures; no figures are changed. About the data.
Data
| Year | Commercial bank branches (per 100,000 adults) |
|---|---|
| 2010 | 5.0 |
| 2011 | 4.9 |
| 2012 | 5.2 |
| 2013 | 5.1 |
| 2014 | 5.0 |
| 2015 | 4.7 |
| 2016 | 3.9 |
| 2017 | 3.8 |
| 2018 | 4.2 |
| 2019 | 3.8 |
| 2020 | 3.7 |
| 2021 | 3.7 |
| 2022 | 3.4 |
| 2023 | 3.2 |
| 2024 | 3.3 |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2024. Coverage: Iraq.
The number of commercial bank branches for every 100,000 adults. One measure of access to banking. Mobile money and online banking now fill much of the gap in some countries.
Cite this statistic
Please also credit the original source: World Bank, World Development Indicators (CC BY 4.0).Related statistics
- Commercial bank branches (per 100,000 adults) by country, 2024
- Commercial bank branches (per 100,000 adults) in United Arab Emirates, 2010–2023
- Commercial bank branches (per 100,000 adults) in Armenia, 2010–2024
- Commercial bank branches (per 100,000 adults) in Azerbaijan, 2010–2024
- Commercial bank branches (per 100,000 adults) in Bahrain, 2010–2024
- GDP of Iraq, 2010–2025
- Economic growth (GDP growth) in Iraq, 2010–2025
- GDP per person in Iraq, 2010–2025
- GDP per person, adjusted for prices (PPP, international $) in Iraq, 2010–2024
All Iraq data: economy, people, jobs and digital in one place
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Last reviewed November 9, 2026. Startup costs are estimates; check local prices, licensing and tax rules before you commit money.
