Share of adults with an account at a financial institution in Canada

Canada: Share of adults with an account at a financial institution was 98.4% in 2024. ▬ Flat

Latest (2024)
98.4%
Change on year
down 1.2%
World rank
12th
of 115 countries
All-time high
99.7%
in 2017
All-time low
95.8%
in 2011
Years of data
5
2011–2024

Share of adults with an account at a financial institution in Canada, 2011–2024

0204060801002011201720242011: 95.8 % age 15+2014: 99.1 % age 15+2017: 99.7 % age 15+2021: 99.6 % age 15+2024: 98.4 % age 15+

Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.

Analysis

The most recent figure for share of adults with an account at a financial institution in Canada is 98.4%, measured in 2024.

Compared with earlier readings it is down 1.2% on the previous year and down 0.7% over ten years.

Over the whole period, share of adults with an account at a financial institution in Canada peaked at 99.7% in 2017 and was at its lowest, 95.8%, in 2011.

That places Canada 12th out of 115 countries with data for 2024, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 98.2% 95.8% 99.7% 3
2020s 99.0% 98.4% 99.6% 2

Countries ranked near Canada

  1. 9 Denmark 98.7% compare
  2. 10 Sweden 98.6% compare
  3. 11 Japan 98.5% compare
  4. 13 Spain 98.4% compare
  5. 14 Germany 98.3% compare

See the full ranking of 115 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is share of adults with an account at a financial institution in Canada?
Share of adults with an account at a financial institution in Canada was 98.4% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
What is the highest share of adults with an account at a financial institution recorded in Canada?
The highest recorded value was 99.7% in 2017.
What is the lowest share of adults with an account at a financial institution recorded in Canada?
The lowest recorded value was 95.8% in 2011.
How does Canada rank for share of adults with an account at a financial institution?
Canada ranks 12th out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in Canada?
Over the last ten years it is down 0.7%. The long-run trend across the full record is flat.
Where does this Canada data come from?
The figures come from Global Findex Database - World Bank (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.