Canada vs Latin America & Caribbean (excluding high income): Bank or similar financial institution account, poorest 40%
Canada
98.6%
in 2024
Latin America & Caribbean (excluding high income)
55.8%
in 2024
Canada rank
8th
Latin America & Caribbean (excluding high income) rank
9th
Bank or similar financial institution account, poorest 40% over time
- Canada
- Latin America & Caribbean (excluding high income)
How they compare
Canada currently reports 98.6% against 55.8% in Latin America & Caribbean (excluding high income), a difference of 42.8%.
That makes Canada's figure about 1.8 times Latin America & Caribbean (excluding high income)'s.
Across all 5 years both countries report, Canada has been ahead every year.
Canada ranks 8th and Latin America & Caribbean (excluding high income) ranks 9th of 102 countries.
Canada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Canada | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 97.2% | 35.2% | 62.0% | Canada |
| 2020s | 99.0% | 56.3% | 42.7% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank or similar financial institution account, poorest 40%, Canada or Latin America & Caribbean (excluding high income)?
- Canada, at 98.6% against 55.8% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in bank or similar financial institution account, poorest 40% between Canada and Latin America & Caribbean (excluding high income)?
- 42.8%, with Canada ahead.
- How many years of comparable data are there for Canada and Latin America & Caribbean (excluding high income)?
- 5 years are reported by both, from 2011 to 2024.
- How do Canada and Latin America & Caribbean (excluding high income) rank globally for bank or similar financial institution account, poorest 40%?
- Canada ranks 8th and Latin America & Caribbean (excluding high income) ranks 9th of 102 countries.
- Where does this data come from?
- The World Bank, published as Bank or similar financial institution account, poorest 40% (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.