Commercial bank branches in Jamaica: 6.9 (Bank branches, 2024 · 118th of 167). Commercial bank branches (per 100,000 adults) in Jamaica: 6.9 in 2024, ranking 118th of 167 countries. In 2010 it was 6.3.
Data last updated · Period: 2010–2024
Understanding the chart
The line chart above tracks commercial bank branches (per 100,000 adults) in Jamaica 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, Jamaica's bank branches rose from 6.3 to 6.9, a change of 10.5% (about 0.7% a year on average).
- The highest value in this period was 8.1 in 2019; the lowest was 5.2 in 2014.
- Recently, the figure has fallen in each of the last two years (2023: 7.0; 2024: 6.9).
- That is 38% lower than the world figure of 11.1.
- Jamaica has the 118th-highest value of 167 countries with recent data.
- In Caribbean, Jamaica has the 12th-highest value of 12 countries with recent data; the highest is St. Kitts and Nevis (33.9), and the typical (median) value is 14.1.
Analysis
Averaged over periods, the figure was 5.9 in 2010 to 2014, 6.9 in 2015 to 2019 and 7.3 in 2020 onwards. The value went up in 4 of the 14 year-to-year steps and down in 10. The biggest one-year rise came in 2017 (+2.7, or 52.5%). The biggest one-year fall came in 2014 (−0.5, or 9.5%). Across the period the values varied by about 16% around their average (6.7), a moderate amount of change.
Jamaica and its neighbours
Commercial bank branches (per 100,000 adults) among 12 countries in Caribbean with recent data, ranked from highest to lowest.
| Rank in region | Country | Value | Year |
|---|---|---|---|
| 6 | St. Lucia | 14.8 | 2024 |
| 7 | Barbados | 13.3 | 2024 |
| 8 | Dominican Republic | 11.1 | 2024 |
| 9 | Dominica | 11.0 | 2024 |
| 10 | Trinidad and Tobago | 10.5 | 2024 |
| 11 | Aruba | 10.1 | 2024 |
| 12 | Jamaica | 6.9 | 2024 |
Jamaica on related measures
- Lending interest rate (%): 12.1% (2025, 30th-highest of 91 countries)
- Real interest rate (%): 7.0% (2025, 33rd-highest of 91 countries)
- Official exchange rate (local currency per US$, annual average): 159.10 per US$ (2025, 50th-highest of 205 countries)
- Credit to the private sector (% of GDP): 45.9% (2025, 71st-highest of 154 countries)
- ATMs (per 100,000 adults): 39.0 (2024, 95th-highest of 171 countries)
Global position: Jamaica's figure is higher than 30% 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 Caribbean, where the typical value is 14.1, Jamaica is 51% 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 Jamaica?
6.9 (Bank branches, 2024 · 118th of 167). Commercial bank branches (per 100,000 adults) in Jamaica: 6.9 in 2024, ranking 118th of 167 countries. In 2010 it was 6.3.
How has bank branches in Jamaica changed since 2010?
Between 2010 and 2024, Jamaica's bank branches rose from 6.3 to 6.9, a change of 10.5% (about 0.7% a year on average). The highest value in this period was 8.1 in 2019; the lowest was 5.2 in 2014.
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 | 6.3 |
| 2011 | 6.1 |
| 2012 | 6.0 |
| 2013 | 5.7 |
| 2014 | 5.2 |
| 2015 | 5.3 |
| 2016 | 5.2 |
| 2017 | 8.0 |
| 2018 | 8.1 |
| 2019 | 8.1 |
| 2020 | 7.7 |
| 2021 | 7.5 |
| 2022 | 7.1 |
| 2023 | 7.0 |
| 2024 | 6.9 |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2024. Coverage: Jamaica.
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 Aruba, 2011–2024
- Commercial bank branches (per 100,000 adults) in Antigua and Barbuda, 2010–2024
- Commercial bank branches (per 100,000 adults) in The Bahamas, 2010–2024
- Commercial bank branches (per 100,000 adults) in Barbados, 2010–2024
- GDP of Jamaica, 2010–2025
- Economic growth (GDP growth) in Jamaica, 2010–2025
- GDP per person in Jamaica, 2010–2025
- GDP per person, adjusted for prices (PPP, international $) in Jamaica, 2010–2024
All Jamaica data: economy, people, jobs and digital in one place
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