Financial Institutions Access Index in Canada
Canada: Financial Institutions Access Index was 0.7274 in 2020. β² Rising
Financial Institutions Access Index in Canada, 1980β2020
Source: International Monetary Fund.
Analysis
Canada recorded 0.7274 for financial institutions access index in 2020.
Compared with earlier readings it is up 0.7% on the previous year and down 5.7% over ten years.
Over the whole period, financial institutions access index in Canada peaked at 0.7781 in 2007 and was at its lowest, 0.4585, in 1983.
Canada ranks 19th of 183 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.4936 | 0.4585 | 0.5022 | 10 |
| 1990s | 0.5027 | 0.5021 | 0.5031 | 10 |
| 2000s | 0.6122 | 0.5027 | 0.7781 | 10 |
| 2010s | 0.7533 | 0.7224 | 0.774 | 10 |
| 2020s | 0.7274 | 0.7274 | 0.7274 | 1 |
Countries ranked near Canada
- 16 Russian Federation 0.7772 compare
- 17 Georgia 0.7611 compare
- 18 Iran, Islamic Republic of 0.744 compare
- 20 United Kingdom 0.7212 compare
- 21 Mongolia 0.713 compare
- 22 Uzbekistan, Republic of 0.6934 compare
More financial sector data for Canada
- Net domestic credit (current LCU), per capita 85,674 current LCU per person (2008)
- Net domestic credit (current LCU), per unit of GDP 1.83 current LCU per US$ of GDP (2008)
- Net domestic credit (current LCU), annual growth rate 20.77 % change on previous year (2008)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 71.85 billion SDR (2025)
- Reserves excluding gold 91.73 billion SDR (2025)
- Total reserves (gold at market value) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) 91.73 billion SDR (2025)
- Domestic credit to private sector by banks 124.1% (2008)
Frequently asked questions
- What is financial institutions access index in Canada?
- Financial institutions access index in Canada was 0.7274 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Canada?
- The highest recorded value was 0.7781 in 2007.
- What is the lowest financial institutions access index recorded in Canada?
- The lowest recorded value was 0.4585 in 1983.
- How does Canada rank for financial institutions access index?
- Canada ranks 19th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Canada?
- Over the last ten years it is down 5.7%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.