Commercial bank branches in Canada
Canada: Commercial bank branches was 18.04 per 100,000 adults in 2024. ▼ Falling
Commercial bank branches in Canada, 2006–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in Canada stood at 18.04 per 100,000 adults. That is the lowest value across all 19 years on record.
That represents a change of down 5.1% on the previous year and down 22.2% over ten years.
Over the whole period, commercial bank branches in Canada peaked at 24.67 per 100,000 adults in 2007 and was at its lowest, 18.04 per 100,000 adults, in 2024.
That places Canada 48th out of 185 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.52 per 100,000 adults | 24.21 per 100,000 adults | 24.67 per 100,000 adults | 4 |
| 2010s | 22.51 per 100,000 adults | 19.75 per 100,000 adults | 24.32 per 100,000 adults | 10 |
| 2020s | 19.54 per 100,000 adults | 18.04 per 100,000 adults | 20.69 per 100,000 adults | 5 |
Countries ranked near Canada
More financial sector data for Canada
- Domestic credit to private sector 124.1% (2008)
- Claims on central government, etc. 15.4% (2008)
- Total reserves in months of imports 1.6 (2025)
- Net domestic credit 2.85 trillion current LCU (2008)
- Net foreign assets 11.25 billion current LCU (2008)
- Broad money 122.6% (2008)
- Domestic credit to private sector by banks 124.1% (2008)
- Official exchange rate 1.4 LCU per US$, period average (2025)
- Monetary Sector credit to private sector 124.1% (2008)
- Net migration 326,204 (2025)
Frequently asked questions
- What is commercial bank branches in Canada?
- Commercial bank branches in Canada was 18.04 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Canada?
- The highest recorded value was 24.67 per 100,000 adults in 2007.
- What is the lowest commercial bank branches recorded in Canada?
- The lowest recorded value was 18.04 per 100,000 adults in 2024.
- How does Canada rank for commercial bank branches?
- Canada ranks 48th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Canada?
- Over the last ten years it is down 22.2%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.