Number of banks fell 1.22% to 243 banks in Switzerland in 2020, according to the National Central Bank.
Historically, number of banks in Switzerland reached an all time high of 476 banks in 1971 and an all time low of 243 banks in 2020. When compared to Switzerland's main peers, number of banks in Austria amounted to 37.0 banks, 258 banks in France, 257 banks in Germany and 223 banks in Italy in 2020.
Switzerland has been ranked 6th within the group of 148 countries we follow in terms of number of banks, 1 place below the position seen 10 years ago.
| Number of Banks | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Austria | banks | 42.0 | 41.0 | 39.0 | 38.0 | 42.0 | ||||||||||||||||
| Belgium | banks | 99.0 | 90.0 | 88.0 | 87.0 | 85.0 | ||||||||||||||||
| France | banks | 269 | 276 | 258 | 259 | 259 | ||||||||||||||||
| Germany | banks | 271 | 263 | 263 | 267 | 259 | ||||||||||||||||
| Hungary | banks | 45.0 | 47.0 | 44.0 | 44.0 | 38.0 | ||||||||||||||||
| Italy | banks | 278 | 270 | 249 | 237 | 229 | ||||||||||||||||
| Poland | banks | 65.0 | 64.0 | 63.0 | 64.0 | 64.0 | ||||||||||||||||
| Slovenia | banks | 20.0 | 16.0 | 15.0 | 14.0 | 14.0 | ||||||||||||||||
| Spain | banks | 154 | 144 | 144 | 137 | 135 | ... | |||||||||||||||
| Switzerland | banks | 266 | 261 | 253 | 248 | 246 | ... |
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