Number of Banks in Iceland

Number of banks reached 8.00 banks in 2021 in Iceland, according to the National Central Bank. This is 0% more than in the previous year.

Historically, number of banks in Iceland reached an all time high of 28.0 banks in 2004 and an all time low of 8.00 banks in 2021.

Iceland has been ranked 87th within the group of 92 countries we follow in terms of number of banks.