Canada vs Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, in laborforce

Canada
98.9%
in 2024
Sub-Saharan Africa (excluding high income)
40.9%
in 2024
Canada rank
14th
Sub-Saharan Africa (excluding high income) rank
11th

Bank or similar financial institution account, in laborforce over time

  • Canada
  • Sub-Saharan Africa (excluding high income)
20406080100201120172024

How they compare

Canada currently reports 98.9% against 40.9% in Sub-Saharan Africa (excluding high income), a difference of 58.0%.

That makes Canada's figure about 2.4 times Sub-Saharan Africa (excluding high income)'s.

Across all 5 years both countries report, Canada has been ahead every year.

Canada ranks 14th and Sub-Saharan Africa (excluding high income) ranks 11th of 98 countries.

Canada has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Canada Sub-Saharan Africa (excluding high income) Difference Ahead
2010s 98.8% 32.9% 65.9% Canada
2020s 99.4% 40.7% 58.6% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, in laborforce, Canada or Sub-Saharan Africa (excluding high income)?
Canada, at 98.9% against 40.9% in Sub-Saharan Africa (excluding high income) as of 2024.
What is the difference in bank or similar financial institution account, in laborforce between Canada and Sub-Saharan Africa (excluding high income)?
58.0%, with Canada ahead.
How many years of comparable data are there for Canada and Sub-Saharan Africa (excluding high income)?
5 years are reported by both, from 2011 to 2024.
How do Canada and Sub-Saharan Africa (excluding high income) rank globally for bank or similar financial institution account, in laborforce?
Canada ranks 14th and Sub-Saharan Africa (excluding high income) ranks 11th of 98 countries.
Where does this data come from?
The World Bank, published as Bank or similar financial institution account, in laborforce (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, in laborforce. Statizoid. Retrieved 15 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/canada/sub-saharan-africa-excluding-high-income/

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<a href="https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/canada/sub-saharan-africa-excluding-high-income/">Canada vs Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, in laborforce</a> — Statizoid

About this data

Indicator
Bank or similar financial institution account, in laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed