Canada vs Latin America & Caribbean (excluding high income): Account ownership at a financial institution or with a
Account ownership at a financial institution or with a over time
- Canada
- Latin America & Caribbean (excluding high income)
How they compare
Canada currently reports 98.4% against 69.7% in Latin America & Caribbean (excluding high income), a difference of 28.7%.
That makes Canada's figure about 1.4 times Latin America & Caribbean (excluding high income)'s.
Across all 5 years both countries report, Canada has been ahead every year.
Canada ranks 12th and Latin America & Caribbean (excluding high income) ranks 9th of 117 countries.
Canada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Canada | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 98.2% | 48.5% | 49.7% | Canada |
| 2020s | 99.0% | 68.4% | 30.6% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher account ownership at a financial institution or with a, Canada or Latin America & Caribbean (excluding high income)?
- Canada, at 98.4% against 69.7% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in account ownership at a financial institution or with a between Canada and Latin America & Caribbean (excluding high income)?
- 28.7%, with Canada ahead.
- How many years of comparable data are there for Canada and Latin America & Caribbean (excluding high income)?
- 5 years are reported by both, from 2011 to 2024.
- How do Canada and Latin America & Caribbean (excluding high income) rank globally for account ownership at a financial institution or with a?
- Canada ranks 12th and Latin America & Caribbean (excluding high income) ranks 9th of 117 countries.
- Where does this data come from?
- Global Findex Database, World Bank (WB), published as Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (% age 15+).