Number of banks reached 72.0 banks in 2019 in Iraq, according to the National Central Bank. This is 1.41 % more than in the previous year.
Historically, number of banks in Iraq reached an all time high of 72.0 banks in 2019 and an all time low of banks in. When compared to Iraq's main peers, number of banks in Kuwait amounted to 23.0 banks and 25.0 banks in Saudi Arabia in 2019.
Iraq has been ranked 22nd within the group of 140 countries we follow in terms of number of banks, 25 places above the position seen 10 years ago.