Canada vs Lower middle income: Bank or similar financial institution account, poorest 40%
Canada
98.6%
in 2024
Lower middle income
58.8%
in 2024
Canada rank
8th
Lower middle income rank
8th
Bank or similar financial institution account, poorest 40% over time
- Canada
- Lower middle income
How they compare
Canada currently reports 98.6% against 58.8% in Lower middle income, a difference of 39.8%.
That makes Canada's figure about 1.7 times Lower middle income's.
Across all 5 years both countries report, Canada has been ahead every year.
Canada ranks 8th and Lower middle income ranks 8th of 102 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 | 97.2% | 35.1% | 62.1% | Canada |
| 2020s | 99.0% | 56.6% | 42.4% | 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 Lower middle income?
- Canada, at 98.6% against 58.8% in Lower middle income as of 2024.
- What is the difference in bank or similar financial institution account, poorest 40% between Canada and Lower middle income?
- 39.8%, 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, poorest 40%?
- Canada ranks 8th and Lower middle income ranks 8th 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.