Number of banks reached 11.0 banks in 2019 in Uruguay, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Uruguay reached an all time high of 16.0 banks in 2006 and an all time low of banks in. When compared to Uruguay's main peers, number of banks in Argentina amounted to 63.0 banks, 117 banks in Brazil, 18.0 banks in Chile and 17.0 banks in Paraguay in 2019.
Uruguay has been ranked 116th within the group of 140 countries we follow in terms of number of banks, 4 places behind the position seen 10 years ago.