Number of banks reached 137 banks in 2018 in Spain, according to the National Central Bank. This is 4.86 % 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 137 banks in 2018. When compared to Spain's main peers, number of banks in France amounted to 259 banks, 237 banks in Italy, 24.0 banks in Morocco and 51.0 banks in Portugal in 2018.
Spain has been ranked 11th within the group of 151 countries we follow in terms of number of banks, 2 places behind the position seen 10 years ago.