Number of banks reached 135 banks in 2019 in Spain, according to the National Central Bank. This is 1.46 % less than in the previous year.
Historically, number of banks in Spain reached an all time high of 378 banks in 1982 and an all time low of banks in. When compared to Spain's main peers, number of banks in France amounted to 259 banks, 229 banks in Italy, 24.0 banks in Morocco and 61.0 banks in Portugal in 2019.
Spain has been ranked 11th within the group of 140 countries we follow in terms of number of banks, 2 places behind the position seen 10 years ago.