The value of bank assets worldwide increased gradually between 2002 and 2023, despite some fluctuation. In 2023, global bank assets amounted to more than *** trillion U.S. dollars, up from ***** trillion U.S. dollars a year earlier.

Banking assets worldwide have seen significant shifts in recent years, with China emerging as the leader in 2023, boasting over 50 trillion U.S. dollars in financial assets. The United States followed closely behind, with assets exceeding 31 trillion U.S. dollars. This data underscores the dominance of these two economic powerhouses in the global banking sector. The market capitalization of major banks further elucidates this trend, with the largest bank in the world, JPMorgan Chase, hailing from the United States and holding a market cap surpassing 678 billion U.S. dollars, significantly higher than its closest competitor, Bank of America.

Banks from All reporting countries - Consolidated total assets (financial and non-financial) in All currencies with residents of All countries (total) (immediate counterparty basis), all sectors (amounts outstanding / stocks, all instruments, total (all maturities) )

The average for 2021 based on 140 countries was 71.17 percent. The highest value was in Hong Kong: 268.82 percent and the lowest value was in Sudan: 7.87 percent. The indicator is available from 1960 to 2021. Below is a chart for all countries where data are available.

The value of total assets of financial institutions worldwide increased gradually between 2002 and 2023, despite a slight drop in 2022. Bank assets attributed for the largest segment of the total assets, with ***** trillion U.S. dollars in 2023. Other financial intermediaries (including money market funds, hedge funds, other investment funds, captive financial institutions and moneylenders, central counterparties, broker-dealers, finance companies, trust companies, and structured finance vehicles) followed, with total assets exceeding *** trillion U.S. dollars.

Graph and download economic data for International Banking Facilities of U.S.-Chartered Depository Institutions; Loans to Foreign Banks; Asset, Level (BOGZ1FL274035123Q) from Q4 1945 to Q1 2025 about U.S.-chartered, foreign, assets, banks, depository institutions, and USA.

The global banking sector has seen significant growth in recent years, with the market capitalization of the 100 largest banks reaching 7.4 trillion euros in early 2025. This marks the highest value observed since 2016, reflecting a strong recovery and expansion in the banking industry. The upward trend is particularly noteworthy given the fluctuations experienced in previous years, including the sharp decline during the early stages of the COVID-19 pandemic in 2020. Chinese banks dominate global rankings While market capitalization provides one measure of bank size, total assets offer another perspective. In 2023, Chinese banks occupied the top four positions globally based on total assets, with the Industrial and Commercial Bank of China (ICBC) leading at approximately 6.3 trillion U.S. dollars. However, when ranked by market capitalization, JPMorgan Chase took the top spot, with ICBC falling to third place. This highlights the different metrics used to assess bank size and influence in the global financial landscape. China's banking sector continues to expand The growth in market capitalization of the world's largest banks is mirrored by the expansion of China's banking sector. By 2023, the number of banking institutions in China had reached 4,425, showing relative stability in recent years after a period of increase. Additionally, the value of bank assets in China amounted to over 50 trillion U.S. dollars in 2023, nearly tripling over the past decade. This rapid growth underscores China's increasing importance in the global banking industry and its potential influence on overall market capitalization trends.

International Banking: Assets: USD: Loans and Deposits: Outstanding Export Bills data was reported at 13.696 USD bn in Mar 2018. This records a decrease from the previous number of 14.419 USD bn for Dec 2017. International Banking: Assets: USD: Loans and Deposits: Outstanding Export Bills data is updated quarterly, averaging 14.273 USD bn from Dec 2012 (Median) to Mar 2018, with 22 observations. The data reached an all-time high of 29.846 USD bn in Mar 2016 and a record low of 11.975 USD bn in Dec 2012. International Banking: Assets: USD: Loans and Deposits: Outstanding Export Bills data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBA002: Assets and Liabilities: International Banking.

India International Banking: Assets: USD: Loans and Deposits: Loans to Non-Residents data was reported at 30.150 USD bn in Mar 2018. This records an increase from the previous number of 27.990 USD bn for Dec 2017. India International Banking: Assets: USD: Loans and Deposits: Loans to Non-Residents data is updated quarterly, averaging 9.519 USD bn from Dec 2012 (Median) to Mar 2018, with 22 observations. The data reached an all-time high of 30.150 USD bn in Mar 2018 and a record low of 2.500 USD bn in Sep 2013. India International Banking: Assets: USD: Loans and Deposits: Loans to Non-Residents data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBA002: Assets and Liabilities: International Banking.

Serbia Banks: Assets data was reported at 6,766,932.300 RSD mn in Mar 2025. This records a decrease from the previous number of 6,788,226.863 RSD mn for Feb 2025. Serbia Banks: Assets data is updated monthly, averaging 3,146,156.555 RSD mn from Aug 2001 (Median) to Mar 2025, with 284 observations. The data reached an all-time high of 6,862,423.731 RSD mn in Dec 2024 and a record low of 279,709.000 RSD mn in Aug 2002. Serbia Banks: Assets data remains active status in CEIC and is reported by National Bank of Serbia. The data is categorized under Global Database’s Serbia – Table RS.KB008: Balance Sheet: Banks.

In 2024, the Industrial and Commercial Bank of China (ICBC) was the world's largest bank by total assets, reaching nearly 6.7 trillion U.S. dollars. The next three largest banks were also based in China: the Agricultural Bank of China, China Construction Bank, and Bank of China. The largest non-Chinese bank that year was JPMorgan Chase, with total assets exceeding four trillion U.S. dollars. Largest bank by market capitalization The value of total assets is a common measure of a bank's prosperity, and is defined as all assets owned by the bank. Another common indicator is the bank's market capitalization, which is used to determine the size of the bank. The market capitalization is the market price of one share multiplied by the number of shares outstanding. Ranked by market capitalization instead of total assets, JPMorgan Chase was the largest bank in the world in 2024, while ICBC ranked third. How do digital banks compare? Digital banks have surged in popularity over the past decade, attracting millions of customers with their convenient mobile interfaces, lower fees, and innovative financial products. Despite this impressive user growth, their financial footprint remains dwarfed by traditional banking institutions. A prime example is WeBank, which despite boasting approximately 400 million users - making it the world's largest digital bank by customer count - managed total assets of only about 74 billion U.S. dollars in 2023.

The value of assets of financial institutions worldwide increased overall from 2002 to 2023, despite minor fluctuations and a drop in 2022. In 2023, the assets of financial institutions worldwide amounted to 486.4 trillion U.S. dollars, a small increase compared to the previous year.

Global Bank Liquid Reserves to Bank Assets Ratio by Country, 2023 Discover more data with ReportLinker!

Indonesia Banks Assets to Financial Sector Assets data was reported at 78.519 % in Dec 2024. This records an increase from the previous number of 78.513 % for Nov 2024. Indonesia Banks Assets to Financial Sector Assets data is updated monthly, averaging 77.907 % from Jan 2014 (Median) to Dec 2024, with 85 observations. The data reached an all-time high of 78.591 % in Sep 2020 and a record low of 75.883 % in Feb 2014. Indonesia Banks Assets to Financial Sector Assets data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Monetary – Table ID.KAI012: Financial System Statistics: Banking Sector.

India International Banking: Assets: USD: Holdings of Debt Securities data was reported at 1.417 USD bn in Mar 2018. This records an increase from the previous number of 280.698 USD mn for Dec 2017. India International Banking: Assets: USD: Holdings of Debt Securities data is updated quarterly, averaging 200.024 USD mn from Dec 2012 (Median) to Mar 2018, with 20 observations. The data reached an all-time high of 1.417 USD bn in Mar 2018 and a record low of 44.845 USD mn in Sep 2017. India International Banking: Assets: USD: Holdings of Debt Securities data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBA002: Assets and Liabilities: International Banking.

United States - International Banking Facilities of Foreign Banking Offices in U.S.; Deposits at Foreign Banks; Asset, Transactions was 2972.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - International Banking Facilities of Foreign Banking Offices in U.S.; Deposits at Foreign Banks; Asset, Transactions reached a record high of 38484.00000 in April of 1987 and a record low of -61796.00000 in October of 1995. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - International Banking Facilities of Foreign Banking Offices in U.S.; Deposits at Foreign Banks; Asset, Transactions - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for International Banking Facilities of Foreign Banking Offices in U.S.; Deposits at Foreign Banks; Asset, Level (BOGZ1FL284016203Q) from Q4 1945 to Q4 2024 about foreign, deposits, assets, banks, depository institutions, and USA.

Banking: Total Asset: Jilin data was reported at 4,612.557 RMB bn in 2023. This records an increase from the previous number of 4,178.547 RMB bn for 2022. Banking: Total Asset: Jilin data is updated yearly, averaging 2,158.650 RMB bn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 4,612.557 RMB bn in 2023 and a record low of 472.341 RMB bn in 2004. Banking: Total Asset: Jilin data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Money and Banking – Table CN.KC: Banking: Asset: By Region.

Graph and download economic data for International Banking Facilities of Foreign Banking Offices in U.S.; Deposits at Foreign Banks; Asset, Transactions (BOGZ1FA284016203A) from 1946 to 2024 about foreign, transactions, deposits, assets, banks, depository institutions, and USA.

This statistic presents the cost-to-asset ratio of banks worldwide in 2016, by country. In that year, African banks had a cost-to-asset ratio of *** percent, which was the second highest of the regions listed.