Canada vs Lower middle income: Account ownership at a financial institution or with a
Canada
98.6%
in 2024
Lower middle income
63.4%
in 2024
Canada rank
8th
Lower middle income rank
8th
Account ownership at a financial institution or with a over time
- Canada
- Lower middle income
How they compare
Canada currently reports 98.6% against 63.4% in Lower middle income, a difference of 35.2%.
That makes Canada's figure about 1.6 times Lower middle income's.
Across all 5 years both countries report, Canada has been ahead every year.
Canada ranks 8th and Lower middle income ranks 8th of 102 countries.
Canada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Canada | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 97.2% | 36.2% | 61.0% | Canada |
| 2020s | 99.0% | 60.6% | 38.4% | 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 Lower middle income?
- Canada, at 98.6% against 63.4% in Lower middle income as of 2024.
- What is the difference in account ownership at a financial institution or with a between Canada and Lower middle income?
- 35.2%, with Canada ahead.
- How many years of comparable data are there for Canada and Lower middle income?
- 5 years are reported by both, from 2011 to 2024.
- How do Canada and Lower middle income rank globally for account ownership at a financial institution or with a?
- Canada ranks 8th and Lower middle income ranks 8th of 102 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, poorest 40% (% 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 (poorest 40%, share of population ages 15+).