Number of banks rose 2.06% to 99.0 banks in Australia in 2020, according to the National Central Bank.
Historically, number of banks in Australia reached an all time high of 99.0 banks in 2020 and an all time low of 50.0 banks in 2004. When compared to Australia's main peers, number of banks in Indonesia amounted to 109 banks, 42.0 banks in Malaysia, 27.0 banks in New Zealand and 4.00 banks in Papua New Guinea in 2020.
Australia has been ranked 17th within the group of 148 countries we follow in terms of number of banks, 12 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 | |||||||||||||
| Indonesia | banks | ... | ... | ... | 118 | 116 | 115 | 115 | 110 | ... | ||||||||||||
| Malaysia | banks | ... | ... | ... | 43.0 | 43.0 | 43.0 | 42.0 | 42.0 | |||||||||||||
| New Zealand | banks | 25.0 | 24.0 | 26.0 | 26.0 | 26.0 | ||||||||||||||||
| Papua New Guinea | banks | ... | ... | ... | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | ... | ||||||||||||
| Philippines | banks | ... | ... | ... | 40.0 | 42.0 | 43.0 | 45.0 | 46.0 | ... | ||||||||||||
| Singapore | banks | ... | ... | ... | 123 | 126 | 127 | 131 | 132 | ... | ||||||||||||
| Thailand | banks | 31.0 | 30.0 | 30.0 | 30.0 | 30.0 | ... | |||||||||||||||
| Vietnam | banks | ... | ... | ... | 43.0 | 43.0 | 46.0 | 46.0 | 46.0 |
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