The number of FDIC-insured commercial banks in the United States decreased steadily from 2000 to 2024. At the end of 2024, there were 3,928 FDIC-insured commercial banks in the country, down from 4,036 a year earlier. The FDIC, Federal Deposit Insurance Corporation, is an agency that insures the banking system in the U.S. Despite the dropping number of banks, the number of employees in the banking industry increased in the last two decades. Why do banks need insurance? The number of banks is shrinking, but the value of deposits in these banks is growing, amounting to trillions of U.S. dollars. The primary function of the FDIC is to insure these deposits up to 250,000 U.S. dollars. Under stable economic conditions, this task can be performed without particular difficulties. However, during economic uncertainties and recessions, it can be challenging. During the Global Financial Crisis, hundreds of FDIC-insured banks declared insolvency. Account holders were then eligible for compensation for the portion of their accounts that the FDIC insured. Financial figures of the FDIC-insured banks Except in times of deep recession, U.S. banks have a positive net operating income. It amounted to over 324 billion U.S. dollars in 2024. The value of funds borrowed by the U.S. FDIC-insured banks reached 1.4 trillion U.S. dollars that year.

Graph and download economic data for Number of Bank Branches for United States (DDAI02USA643NWDB) from 2004 to 2019 about banks, depository institutions, and USA.

The number of bank branches in Mexico remained relatively stable between 2014 and 2023, with an increasing trend in 2023. In the last quarter of 2023, there were a total of 18,089 branches across the country, up from 16,641 a year earlier.

The number of bank branches in the Romanian banking system peaked in 2017 at approximately 9.4 thousand; however, by the end of 2024, the number dropped to 7.4 thousand. It is expected that the number of bank branches will decrease by approximately 800 bank branches by 2029.

No of Consolidated Bank I data was reported at 96.000 Unit in Mar 2019. This records an increase from the previous number of 95.000 Unit for Dec 2018. No of Consolidated Bank I data is updated quarterly, averaging 96.000 Unit from Mar 2014 (Median) to Mar 2019, with 21 observations. The data reached an all-time high of 97.000 Unit in Mar 2018 and a record low of 94.000 Unit in Mar 2017. No of Consolidated Bank I data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Banking Sector – Table BR.KBC015: Commercial Banks: Number of Financial Institutions.

The number of bank branches in Belgium decreased gradually between 2013 and 2023. In 2023, there were a total of 3,243 bank offices in the country, down from over 7,000 in 2013. At the same time, online banking subscriptions rose steadily.

The number of banks and bank branches per 1,000 residents within an area. Source: Federal Deposit Insurance Corporation Years Available: 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023

The average for 2021 based on 46 countries was 60.7 bank branches. The highest value was in Saudi Arabia: 1501.22 bank branches and the lowest value was in Palestine: 0.52 bank branches. The indicator is available from 2004 to 2021. Below is a chart for all countries where data are available.

Brazil Number of Consolidated Bank IV data was reported at 4.000 Unit in Mar 2019. This stayed constant from the previous number of 4.000 Unit for Dec 2018. Brazil Number of Consolidated Bank IV data is updated quarterly, averaging 4.000 Unit from Mar 2014 (Median) to Mar 2019, with 21 observations. The data reached an all-time high of 4.000 Unit in Mar 2019 and a record low of 4.000 Unit in Mar 2019. Brazil Number of Consolidated Bank IV data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Banking Sector – Table BR.KBC015: Commercial Banks: Number of Financial Institutions.

Graph and download economic data for Number of Bank Branches for Chad (DDAI02TDA643NWDB) from 2004 to 2020 about Chad, banks, and depository institutions.

The overall number of bank branches in Italy decreased to 20,160 in 2023, from 33,600 in 2011. During the same period, a decline in the number of banks and credit institutions in the country has also been noted. Bank branches are becoming less needed The decrease in the number of banks and in the number of bank branches was, as a consequence, responsible for the decrease of the number of bank employees. In 2023, the banking sector counted approximately 262 thousand employees, compared to 322.5 thousand in 2011. However, the increasing usage of new technologies was also responsible for the decrease in the number of bank branches and therefore employees in the sector. In fact, the steady growth of the online banking penetration in Italy also contributed, at least partly, to making physical branches obsolete. Italy still lags behind in Europe Despite increasing steadily, the online banking penetration in Italy is still rather low when compared to other European countries. Countries like Norway, leader in the digitalization of the banking sector, reached peaks of an online banking penetration as high as 94 percent, while Italy remained way below the average penetration rate.

As of December 2024, there were around 5,645 domestic bank branches in South Korea. Due in part to the increasing prevalence of online and mobile banking, the number of bank visits has declined, leading banks to close branches across the country.

The dataset shows i Year Wise number of offices, number of accounts and deposit amount in scheduled commercial banks according to state , region and deposit type

Note: Data as of 31 March of every year

Graph and download economic data for Number of Bank Accounts for Ethiopia (DDAI01ETA642NWDB) from 2006 to 2012 about Ethiopia, banks, and depository institutions.

Brazil Number of Financial Institution: Consolidated Bank III: Central and Credit Unions Confederation data was reported at 37.000 Unit in Mar 2019. This stayed constant from the previous number of 37.000 Unit for Dec 2018. Brazil Number of Financial Institution: Consolidated Bank III: Central and Credit Unions Confederation data is updated quarterly, averaging 38.000 Unit from Mar 2000 (Median) to Mar 2019, with 77 observations. The data reached an all-time high of 40.000 Unit in Sep 2014 and a record low of 31.000 Unit in Sep 2000. Brazil Number of Financial Institution: Consolidated Bank III: Central and Credit Unions Confederation data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Banking Sector – Table BR.KBB015: Commercial Banks: Number of Financial Institutions.

Concept: Number of banking service outposts of banks in the Northeast region Source: Information System on Entities Related to the BCB 24953-number-of-banking-service-outposts--of-banks-in-the-northeast-region 24953-number-of-banking-service-outposts--of-banks-in-the-northeast-region

No. of Branch Offices: South Sulawesi data was reported at 137.000 Unit in May 2019. This stayed constant from the previous number of 137.000 Unit for Apr 2019. No. of Branch Offices: South Sulawesi data is updated monthly, averaging 131.000 Unit from Jan 2010 (Median) to May 2019, with 113 observations. The data reached an all-time high of 137.000 Unit in May 2019 and a record low of 113.000 Unit in Jan 2012. No. of Branch Offices: South Sulawesi data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Global Database’s Indonesia – Table ID.KAA002: Number of Bank.

No of Bank Branches: National Bank of Iraq data was reported at 1.000 Unit in Mar 2025. This stayed constant from the previous number of 1.000 Unit for Feb 2025. No of Bank Branches: National Bank of Iraq data is updated monthly, averaging 1.000 Unit from Aug 2022 (Median) to Mar 2025, with 32 observations. The data reached an all-time high of 1.000 Unit in Mar 2025 and a record low of 1.000 Unit in Mar 2025. No of Bank Branches: National Bank of Iraq data remains active status in CEIC and is reported by Saudi Central Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.KB021: Number of Bank Branches: by Bank.

Series Name: Number of commercial bank branches per 100 000 adultsSeries Code: FB_CBK_BRCHRelease Version: 2020.Q2.G.03 This dataset is the part of the Global SDG Indicator Database compiled through the UN System in preparation for the Secretary-General's annual report on Progress towards the Sustainable Development Goals.Indicator 8.10.1: (a) Number of commercial bank branches per 100,000 adults and (b) number of automated teller machines (ATMs) per 100,000 adultsTarget 8.10: Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for allGoal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for allFor more information on the compilation methodology of this dataset, see https://unstats.un.org/sdgs/metadata/

Graph and download economic data for Number of Bank Accounts for Chile (DDAI01CLA642NWDB) from 2004 to 2010 about Chile, banks, and depository institutions.