Number of banks reached 17.0 banks in 2019 in Paraguay, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Paraguay reached an all time high of 17.0 banks in 2015 and an all time low of banks in. When compared to Paraguay's main peers, number of banks in Argentina amounted to 63.0 banks, 9.00 banks in Bolivia, 117 banks in Brazil and 18.0 banks in Chile in 2019.
Paraguay has been ranked 86th within the group of 140 countries we follow in terms of number of banks, 27 places above the position seen 10 years ago.