Number of banks rose 0% to 46.0 banks in Philippines in 2020, according to the National Central Bank.
Historically, number of banks in Philippines reached an all time high of 46.0 banks in 2020 and an all time low of 36.0 banks in 2014.
Philippines has been ranked 37th within the group of 148 countries we follow in terms of number of banks, 9 places above 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 |
| Australia | banks | ... | ... | ... | 74.0 | 82.0 | 84.0 | 88.0 | 97.0 | ... | ||||||||||||
| Cambodia | banks | ... | ... | ... | 36.0 | 36.0 | 39.0 | 43.0 | 47.0 | |||||||||||||
| China | banks | ... | ... | ... | ... | ... | 190 | 190 | 190 | 192 | 193 | ... | ||||||||||
| Hong Kong | banks | ... | ... | ... | 157 | 156 | 155 | 152 | 164 | |||||||||||||
| India | banks | ... | ... | ... | 157 | 157 | 162 | 161 | 161 | ... | ||||||||||||
| Indonesia | banks | ... | ... | ... | 118 | 116 | 115 | 115 | 110 | ... | ||||||||||||
| Japan | banks | 117 | 117 | 117 | 117 | 116 | ||||||||||||||||
| Laos | banks | ... | ... | ... | ... | ... | ... | ... | 41.0 | 41.0 | 41.0 | 42.0 | 44.0 | ... | ||||||||
| Malaysia | banks | ... | ... | ... | 43.0 | 43.0 | 43.0 | 42.0 | 42.0 | |||||||||||||
| Philippines | banks | ... | ... | ... | 40.0 | 42.0 | 43.0 | 45.0 | 46.0 | ... | ||||||||||||
| Russia | banks | ... | ... | ... | 681 | 575 | 517 | 440 | 402 | ... | ||||||||||||
| Singapore | banks | ... | ... | ... | 123 | 126 | 127 | 131 | 132 | ... | ||||||||||||
| Taiwan | banks | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Thailand | banks | 31.0 | 30.0 | 30.0 | 30.0 | 30.0 | ... | |||||||||||||||
| USA | banks | 5,304 | 5,080 | 4,886 | 4,686 | 4,488 | ||||||||||||||||
| Vietnam | banks | ... | ... | ... | 43.0 | 43.0 | 46.0 | 46.0 | 46.0 |
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