Number of banks reached 20.0 banks in 2019 in Algeria, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Algeria reached an all time high of 21.0 banks in 2004 and an all time low of banks in. When compared to Algeria's main peers, number of banks in Morocco amounted to 24.0 banks and 135 banks in Spain in 2019.
Algeria has been ranked 79th within the group of 140 countries we follow in terms of number of banks, 3 places above the position seen 10 years ago.