Number of banks reached 33.0 banks in 2019 in Pakistan, according to the National Central Bank. This is 2.94 % less than in the previous year.
Historically, number of banks in Pakistan reached an all time high of 41.0 banks in 2007 and an all time low of banks in. When compared to Pakistan's main peers, number of banks in Afghanistan amounted to 12.0 banks, 193 banks in China and 161 banks in India in 2019.
Pakistan has been ranked 47th within the group of 140 countries we follow in terms of number of banks, 4 places behind the position seen 10 years ago.