How does Canada rank for bank or similar financial institution account?

Canada ranks 12th out of 115 countries with data for 2024.

Is bank or similar financial institution account rising or falling in Canada?

Over the last ten years it is down 0.7%. The long-run trend across the full record is flat.

Where does this Canada data come from?

The figures come from Global Findex Database, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

Bank or similar financial institution account in Canada

Name: Bank or similar financial institution account in Canada
Creator: Global Findex Database
License: CC BY 4.0 (World Bank Open Data)

Canada: Bank or similar financial institution account was 98.4% in 2024. ▬ Flat

Latest (2024)

98.4%

Change on year

down 1.2%

World rank

12th

of 115 countries

All-time high

99.7%

in 2017

All-time low

95.8%

in 2011

Years of data

2011–2024

Bank or similar financial institution account in Canada, 2011–2024

Source: Global Findex Database. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account in Canada is 98.4%, measured in 2024.

That represents a change of down 1.2% on the previous year and down 0.7% over ten years.

Over the whole period, bank or similar financial institution account in Canada peaked at 99.7% in 2017 and was at its lowest, 95.8%, in 2011.

That places Canada 12th out of 115 countries with data for 2024, putting it in the top 10%.

Averages by decade

Decade	Average	Lowest	Highest	Years
2010s	98.2%	95.8%	99.7%	3
2020s	99.0%	98.4%	99.6%	2

Countries ranked near Canada

9 Denmark 98.7% compare
10 Sweden 98.6% compare
11 Japan 98.5% compare
13 Spain 98.4% compare
14 Germany 98.3% compare
15 Ireland 98.3% compare

See the full ranking of 127 places →

More reference data data for Canada

Number of child deaths per woman 0.0085 under-five deaths per woman (2024)
Fertility rate vs. Human Development Index 1.35 live births per woman (2023)
Fertility rate: births per woman 1.35 live births per woman (2023)
Fertility rate: births per woman 1.35 live births per woman (2023)
Human Development Index 0.939 (2023)
Rule of Law - Governance estimate 1.46 approx. -2.5 to +2.5 (2024)
Rule of Law - Governance score 82.11 0-100 (2024)
Voice and Accountability - Governance estimate 1.5 approx. -2.5 to +2.5 (2024)
Voice and Accountability - Governance score 83.17 0-100 (2024)
Political Stability - Governance score 76.12 0-100 (2024)

All data for Canada →

Frequently asked questions

What is bank or similar financial institution account in Canada?: Bank or similar financial institution account in Canada was 98.4% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Canada?: The highest recorded value was 99.7% in 2017.
What is the lowest bank or similar financial institution account recorded in Canada?: The lowest recorded value was 95.8% in 2011.
How does Canada rank for bank or similar financial institution account?: Canada ranks 12th out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Canada?: Over the last ten years it is down 0.7%. The long-run trend across the full record is flat.
Where does this Canada data come from?: The figures come from Global Findex Database, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator: Bank or similar financial institution account (% age 15+)
Unit: % age 15+
Source: Global Findex Database
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 127 places, 635 data points, 2011–2024
Last refreshed: 06 August 2026

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)