Canada vs Sub-Saharan Africa (excluding high income): Account ownership at a financial institution or with a

Canada
98.6%
in 2024
Sub-Saharan Africa (excluding high income)
47.2%
in 2024
Canada rank
8th
Sub-Saharan Africa (excluding high income) rank
10th

Account ownership at a financial institution or with a over time

  • Canada
  • Sub-Saharan Africa (excluding high income)
20406080100201120172024

How they compare

Canada currently reports 98.6% against 47.2% in Sub-Saharan Africa (excluding high income), a difference of 51.4%.

That makes Canada's figure about 2.1 times Sub-Saharan Africa (excluding high income)'s.

Across all 5 years both countries report, Canada has been ahead every year.

Canada ranks 8th and Sub-Saharan Africa (excluding high income) ranks 10th of 102 countries.

Canada has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Canada Sub-Saharan Africa (excluding high income) Difference Ahead
2010s 97.2% 22.8% 74.4% Canada
2020s 99.0% 42.8% 56.2% 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 Sub-Saharan Africa (excluding high income)?
Canada, at 98.6% against 47.2% in Sub-Saharan Africa (excluding high income) as of 2024.
What is the difference in account ownership at a financial institution or with a between Canada and Sub-Saharan Africa (excluding high income)?
51.4%, with Canada ahead.
How many years of comparable data are there for Canada and Sub-Saharan Africa (excluding high income)?
5 years are reported by both, from 2011 to 2024.
How do Canada and Sub-Saharan Africa (excluding high income) rank globally for account ownership at a financial institution or with a?
Canada ranks 8th and Sub-Saharan Africa (excluding high income) ranks 10th 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.

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Canada vs Sub-Saharan Africa (excluding high income): Account ownership at a financial institution or with a. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider/canada/sub-saharan-africa-excluding-high-income/

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About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, poorest 40% (% of population ages 15+)
Unit
% of population ages 15+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed

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+).