Bank Z-score in Canada
Canada: Bank Z-score was 13.85 in 2021. ▼ Falling
Bank Z-score in Canada, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
The most recent figure for bank z-score in Canada is 13.85, measured in 2021.
Compared with earlier readings it is up 6.0% on the previous year and down 1.9% over ten years.
Over the whole period, bank z-score in Canada peaked at 19.08 in 2005 and was at its lowest, 13.07, in 2020.
That places Canada 98th out of 170 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Bank Z-score in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 16.64 | — |
| 2001 | 18.31 | +10.0% |
| 2002 | 15.51 | -15.3% |
| 2003 | 15.37 | -0.9% |
| 2004 | 17.28 | +12.4% |
| 2005 | 19.08 | +10.4% |
| 2006 | 18.61 | -2.5% |
| 2007 | 18.14 | -2.5% |
| 2008 | 18.65 | +2.8% |
| 2009 | 18.92 | +1.5% |
| 2010 | 17.39 | -8.1% |
| 2011 | 14.13 | -18.8% |
| 2012 | 13.65 | -3.3% |
| 2013 | 13.66 | +0.0% |
| 2014 | 13.7 | +0.3% |
| 2015 | 13.89 | +1.4% |
| 2016 | 14.19 | +2.2% |
| 2017 | 14.49 | +2.1% |
| 2018 | 14.38 | -0.8% |
| 2019 | 14.21 | -1.2% |
| 2020 | 13.07 | -8.0% |
| 2021 | 13.85 | +6.0% |
Canada compared with similar countries
- Canada's 13.85 is below the median for high income countries, which is 15.34, 90% of the median. (63 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.65 | 15.37 | 19.08 | 10 |
| 2010s | 14.37 | 13.65 | 17.39 | 10 |
| 2020s | 13.46 | 13.07 | 13.85 | 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 z-score in Canada?
- Bank z-score in Canada was 13.85 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Canada?
- The highest recorded value was 19.08 in 2005.
- What is the lowest bank z-score recorded in Canada?
- The lowest recorded value was 13.07 in 2020.
- How does Canada rank for bank z-score?
- Canada ranks 98th out of 170 countries with data for 2021.
- Is bank z-score rising or falling in Canada?
- Over the last ten years it is down 1.9%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.