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Number of Banks in Indonesia

Source: IMF
Last Updated: June 19, 2023

Number of banks reached 109 banks in 2020 in Indonesia, according to the National Central Bank. This is 0.909% less than in the previous year.

Historically, number of banks in Indonesia reached an all time high of 133 banks in 2004 and an all time low of 109 banks in 2020.

Indonesia has been ranked 16th within the group of 148 countries we follow in terms of number of banks.

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