Account ownership at a financial institution or with a in Canada
Canada: Account ownership at a financial institution or with a was 98.5% in 2024. ▬ Flat
Account ownership at a financial institution or with a in Canada, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
The most recent figure for account ownership at a financial institution or with a in Canada is 98.5%, measured in 2024.
The figure is down 1.4% on the previous year and down 1.1% over ten years.
Over the whole period, account ownership at a financial institution or with a in Canada peaked at 99.9% in 2021 and was at its lowest, 98.0%, in 2011.
Canada ranks 21st of 105 countries on this measure, in the top quarter.
Account ownership at a financial institution or with a in Canada, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 98.0% | — |
| 2014 | 99.6% | +1.6% |
| 2017 | 99.9% | +0.3% |
| 2021 | 99.9% | +0.0% |
| 2024 | 98.5% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 99.1% | 98.0% | 99.9% | 3 |
| 2020s | 99.2% | 98.5% | 99.9% | 2 |
Countries ranked near Canada
More financial sector data for Canada
- Reserve position in the IMF, US dollar, annual growth rate 6.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.02 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.36 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.02 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Canada?
- Account ownership at a financial institution or with a in Canada was 98.5% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Canada?
- The highest recorded value was 99.9% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Canada?
- The lowest recorded value was 98.0% in 2011.
- How does Canada rank for account ownership at a financial institution or with a?
- Canada ranks 21st out of 105 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Canada?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is flat.
- Where does this Canada data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, secondary education or more (% of population ages 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
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 (secondary education or more, % of population ages 15+).