Number of banks rose 0% to 44.0 banks in Laos in 2020, according to the National Central Bank.
Historically, number of banks in Laos reached an all time high of 44.0 banks in 2020 and an all time low of 18.0 banks in 2008. When compared to Laos's main peers, number of banks in Cambodia amounted to 51.0 banks, 192 banks in China, 30.0 banks in Thailand and 46.0 banks in Vietnam in 2020.
Laos has been ranked 39th within the group of 148 countries we follow in terms of number of banks, 32 places above the position seen 10 years ago.
| Number of Banks | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Cambodia | banks | ... | ... | ... | 36.0 | 36.0 | 39.0 | 43.0 | 47.0 | |||||||||||||
| China | banks | ... | ... | ... | ... | ... | 190 | 190 | 190 | 192 | 193 | ... | ||||||||||
| India | banks | ... | ... | ... | 157 | 157 | 162 | 161 | 161 | ... | ||||||||||||
| Japan | banks | 117 | 117 | 117 | 117 | 116 | ||||||||||||||||
| Laos | banks | ... | ... | ... | ... | ... | ... | ... | 41.0 | 41.0 | 41.0 | 42.0 | 44.0 | ... | ||||||||
| Malaysia | banks | ... | ... | ... | 43.0 | 43.0 | 43.0 | 42.0 | 42.0 | |||||||||||||
| Myanmar | banks | ... | ... | ... | 25.0 | 27.0 | 40.0 | 40.0 | 43.0 | ... | ... | |||||||||||
| Russia | banks | ... | ... | ... | 681 | 575 | 517 | 440 | 402 | ... | ||||||||||||
| Thailand | banks | 31.0 | 30.0 | 30.0 | 30.0 | 30.0 | ... | |||||||||||||||
| USA | banks | 5,304 | 5,080 | 4,886 | 4,686 | 4,488 | ||||||||||||||||
| Vietnam | banks | ... | ... | ... | 43.0 | 43.0 | 46.0 | 46.0 | 46.0 |
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