Canada vs Lower middle income: Bank or similar financial institution account
Canada
98.4%
in 2024
Lower middle income
65.0%
in 2024
Canada rank
12th
Lower middle income rank
9th
Bank or similar financial institution account over time
- Canada
- Lower middle income
How they compare
Canada currently reports 98.4% against 65.0% in Lower middle income, a difference of 33.4%.
That makes Canada's figure about 1.5 times Lower middle income's.
Across all 5 years both countries report, Canada has been ahead every year.
Canada ranks 12th and Lower middle income ranks 9th of 115 countries.
Canada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Canada | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 98.2% | 43.4% | 54.8% | Canada |
| 2020s | 99.0% | 61.7% | 37.3% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank or similar financial institution account, Canada or Lower middle income?
- Canada, at 98.4% against 65.0% in Lower middle income as of 2024.
- What is the difference in bank or similar financial institution account between Canada and Lower middle income?
- 33.4%, with Canada ahead.
- How many years of comparable data are there for Canada and Lower middle income?
- 5 years are reported by both, from 2011 to 2024.
- How do Canada and Lower middle income rank globally for bank or similar financial institution account?
- Canada ranks 12th and Lower middle income ranks 9th of 115 countries.
- Where does this data come from?
- Global Findex Database, published as Bank or similar financial institution account (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)