Online banking penetration in Belgium 2005-2023
In 2005, 23 percent of all individuals used the internet for online banking in Belgium, and this number has increased sharply since then. After 2005, the share of individuals who used online banking increased yearly until 2020 when online banking penetration reached 75 percent. 2021 was the first year with a stagnating penetration rate, but 2022 saw the share of individuals using online banking increase again.