Financial Institutions Access Index in Canada
Canada: Financial Institutions Access Index was 0.7274 in 2020. ▲ Rising
Financial Institutions Access Index in Canada, 1980–2020
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.
Financial Institutions Access Index in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.4996 | — |
| 1981 | 0.4639 | -7.1% |
| 1982 | 0.5018 | +8.2% |
| 1983 | 0.4585 | -8.6% |
| 1984 | 0.5019 | +9.5% |
| 1985 | 0.5022 | +0.1% |
| 1986 | 0.5022 | +0.0% |
| 1987 | 0.5021 | -0.0% |
| 1988 | 0.5021 | -0.0% |
| 1989 | 0.5021 | +0.0% |
| 1990 | 0.5021 | -0.0% |
| 1991 | 0.5024 | +0.1% |
| 1992 | 0.5025 | +0.0% |
| 1993 | 0.5025 | -0.0% |
| 1994 | 0.5027 | +0.0% |
| 1995 | 0.5027 | -0.0% |
| 1996 | 0.503 | +0.0% |
| 1997 | 0.5031 | +0.0% |
| 1998 | 0.5031 | +0.0% |
| 1999 | 0.503 | -0.0% |
| 2000 | 0.5028 | -0.0% |
| 2001 | 0.5029 | +0.0% |
| 2002 | 0.5027 | -0.0% |
| 2003 | 0.5027 | -0.0% |
| 2004 | 0.5029 | +0.0% |
| 2005 | 0.5029 | +0.0% |
| 2006 | 0.7771 | +54.5% |
| 2007 | 0.7781 | +0.1% |
| 2008 | 0.7775 | -0.1% |
| 2009 | 0.7727 | -0.6% |
| 2010 | 0.7712 | -0.2% |
| 2011 | 0.7727 | +0.2% |
| 2012 | 0.774 | +0.2% |
| 2013 | 0.7629 | -1.4% |
| 2014 | 0.7609 | -0.3% |
| 2015 | 0.7575 | -0.4% |
| 2016 | 0.7509 | -0.9% |
| 2017 | 0.7339 | -2.3% |
| 2018 | 0.7269 | -1.0% |
| 2019 | 0.7224 | -0.6% |
| 2020 | 0.7274 | +0.7% |
Canada compared with similar countries
- Canada's 0.7274 is above the median for high income countries, which is 0.5313, 1.4× the median. (62 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Access Index in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +54.5% | 0.5029 | 0.7771 |
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
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 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 · JSON — 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.