Financial Institutions Index in Canada
Canada: Financial Institutions Index was 0.9121 in 2020. ▲ Rising
Financial Institutions Index in Canada, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions index in Canada is 0.9121, measured in 2020.
That represents a change of down 1.3% on the previous year and up 3.6% over ten years.
Over the whole period, financial institutions index in Canada peaked at 0.9389 in 2015 and was at its lowest, 0.5511, in 1983.
That places Canada 3rd out of 183 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Index in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.5657 | — |
| 1981 | 0.5628 | -0.5% |
| 1982 | 0.5834 | +3.7% |
| 1983 | 0.5511 | -5.5% |
| 1984 | 0.5843 | +6.0% |
| 1985 | 0.6063 | +3.8% |
| 1986 | 0.6252 | +3.1% |
| 1987 | 0.6349 | +1.6% |
| 1988 | 0.6346 | -0.1% |
| 1989 | 0.6464 | +1.9% |
| 1990 | 0.6515 | +0.8% |
| 1991 | 0.674 | +3.5% |
| 1992 | 0.6796 | +0.8% |
| 1993 | 0.7146 | +5.1% |
| 1994 | 0.7224 | +1.1% |
| 1995 | 0.7264 | +0.6% |
| 1996 | 0.7581 | +4.4% |
| 1997 | 0.7792 | +2.8% |
| 1998 | 0.7845 | +0.7% |
| 1999 | 0.7936 | +1.2% |
| 2000 | 0.7452 | -6.1% |
| 2001 | 0.759 | +1.9% |
| 2002 | 0.7418 | -2.3% |
| 2003 | 0.7633 | +2.9% |
| 2004 | 0.7856 | +2.9% |
| 2005 | 0.7923 | +0.9% |
| 2006 | 0.9059 | +14.3% |
| 2007 | 0.8953 | -1.2% |
| 2008 | 0.8584 | -4.1% |
| 2009 | 0.9122 | +6.3% |
| 2010 | 0.8808 | -3.4% |
| 2011 | 0.8851 | +0.5% |
| 2012 | 0.9363 | +5.8% |
| 2013 | 0.9328 | -0.4% |
| 2014 | 0.9288 | -0.4% |
| 2015 | 0.9389 | +1.1% |
| 2016 | 0.9373 | -0.2% |
| 2017 | 0.9318 | -0.6% |
| 2018 | 0.9243 | -0.8% |
| 2019 | 0.9241 | -0.0% |
| 2020 | 0.9121 | -1.3% |
Canada compared with similar countries
- Canada's 0.9121 is above the median for high income countries, which is 0.601, 1.5× the median. (62 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5995 | 0.5511 | 0.6464 | 10 |
| 1990s | 0.7284 | 0.6515 | 0.7936 | 10 |
| 2000s | 0.8159 | 0.7418 | 0.9122 | 10 |
| 2010s | 0.922 | 0.8808 | 0.9389 | 10 |
| 2020s | 0.9121 | 0.9121 | 0.9121 | 1 |
Countries ranked near Canada
- 1 Japan 0.9527 compare
- 2 Switzerland 0.9398 compare
- 4 United Kingdom 0.8999 compare
- 5 Australia 0.8972 compare
- 6 Luxembourg 0.8879 compare
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 index in Canada?
- Financial institutions index in Canada was 0.9121 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Canada?
- The highest recorded value was 0.9389 in 2015.
- What is the lowest financial institutions index recorded in Canada?
- The lowest recorded value was 0.5511 in 1983.
- How does Canada rank for financial institutions index?
- Canada ranks 3rd out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Canada?
- Over the last ten years it is up 3.6%. 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 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.