Foreign banks among total banks (%) in Canada
Canada: Foreign banks among total banks (%) was 37.0% in 2013. ▼ Falling
Foreign banks among total banks in Canada, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
Canada recorded 37.0% for foreign banks among total banks in 2013. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 11.9% over ten years.
Over the whole period, foreign banks among total banks in Canada peaked at 44.0% in 1997 and was at its lowest, 37.0%, in 2012.
Canada ranks 77th of 137 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Foreign banks among total banks (%) in Canada, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 41.0% | — |
| 1996 | 41.0% | +0.0% |
| 1997 | 44.0% | +7.3% |
| 1998 | 44.0% | +0.0% |
| 1999 | 44.0% | +0.0% |
| 2000 | 40.0% | -9.1% |
| 2001 | 40.0% | +0.0% |
| 2002 | 40.0% | +0.0% |
| 2003 | 42.0% | +5.0% |
| 2004 | 42.0% | +0.0% |
| 2005 | 41.0% | -2.4% |
| 2006 | 41.0% | +0.0% |
| 2007 | 40.0% | -2.4% |
| 2008 | 40.0% | +0.0% |
| 2009 | 38.0% | -5.0% |
| 2010 | 39.0% | +2.6% |
| 2011 | 39.0% | +0.0% |
| 2012 | 37.0% | -5.1% |
| 2013 | 37.0% | +0.0% |
Canada compared with similar countries
- Canada's 37.0% is above the median for high income countries, which is 36.0%, 1.0× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.8% | 41.0% | 44.0% | 5 |
| 2000s | 40.4% | 38.0% | 42.0% | 10 |
| 2010s | 38.0% | 37.0% | 39.0% | 4 |
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 foreign banks among total banks in Canada?
- Foreign banks among total banks in Canada was 37.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Canada?
- The highest recorded value was 44.0% in 1997.
- What is the lowest foreign banks among total banks recorded in Canada?
- The lowest recorded value was 37.0% in 2012.
- How does Canada rank for foreign banks among total banks?
- Canada ranks 77th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Canada?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.