Bank branches per 100,000 adults in Canada
Canada: Bank branches per 100,000 adults was 20.69 in 2021. ▼ Falling
Bank branches per 100,000 adults in Canada, 2006–2021
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
In 2021, bank branches per 100,000 adults in Canada stood at 20.69.
That represents a change of up 2.7% on the previous year and down 14.5% over ten years.
Over the whole period, bank branches per 100,000 adults in Canada peaked at 24.67 in 2007 and was at its lowest, 19.73, in 2019.
That places Canada 51st out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Bank branches per 100,000 adults in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 24.58 | — |
| 2007 | 24.67 | +0.4% |
| 2008 | 24.62 | -0.2% |
| 2009 | 24.19 | -1.7% |
| 2010 | 24.06 | -0.6% |
| 2011 | 24.19 | +0.5% |
| 2012 | 24.31 | +0.5% |
| 2013 | 23.32 | -4.0% |
| 2014 | 23.14 | -0.8% |
| 2015 | 22.84 | -1.3% |
| 2016 | 22.25 | -2.6% |
| 2017 | 20.75 | -6.8% |
| 2018 | 20.13 | -3.0% |
| 2019 | 19.73 | -2.0% |
| 2020 | 20.16 | +2.2% |
| 2021 | 20.69 | +2.7% |
Canada compared with similar countries
- Canada's 20.69 is above the median for high income countries, which is 20.69, 1.0× the median. (61 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.52 | 24.19 | 24.67 | 4 |
| 2010s | 22.47 | 19.73 | 24.31 | 10 |
| 2020s | 20.42 | 20.16 | 20.69 | 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 bank branches per 100,000 adults in Canada?
- Bank branches per 100,000 adults in Canada was 20.69 in 2021, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Canada?
- The highest recorded value was 24.67 in 2007.
- What is the lowest bank branches per 100,000 adults recorded in Canada?
- The lowest recorded value was 19.73 in 2019.
- How does Canada rank for bank branches per 100,000 adults?
- Canada ranks 51st out of 185 countries with data for 2021.
- Is bank branches per 100,000 adults rising or falling in Canada?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.