Account, young in Canada

Canada: Account, young was 100.0% in 2024. ▲ Rising

Latest (2024)
100.0%
Change on year
unchanged
World rank
1st
of 105 countries
All-time high
100.0%
in 2017
All-time low
90.7%
in 2011
Years of data
5
2011–2024

Account, young in Canada, 2011–2024

0204060801002011201720242011: 90.7 % ages 15-242014: 97.4 % ages 15-242017: 100 % ages 15-242021: 100 % ages 15-242024: 100 % ages 15-24

Source: Global Findex database. Measured in % ages 15-24.

Analysis

The most recent figure for account, young in Canada is 100.0%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 2.7% over ten years.

Over the whole period, account, young in Canada peaked at 100.0% in 2017 and was at its lowest, 90.7%, in 2011.

That places Canada 1st out of 105 countries with data for 2024, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 96.0% 90.7% 100.0% 3
2020s 100.0% 100.0% 100.0% 2

Countries ranked near Canada

  1. 1 Austria 100.0% compare
  2. 1 France 100.0% compare
  3. 1 Lithuania 100.0% compare
  4. 1 Netherlands 100.0% compare
  5. 1 Spain 100.0% compare
  6. 1 Sweden 100.0% compare
  7. 1 United Kingdom 100.0% compare

See the full ranking of 118 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is account, young in Canada?
Account, young in Canada was 100.0% in 2024, according to Global Findex database.
What is the highest account, young recorded in Canada?
The highest recorded value was 100.0% in 2017.
What is the lowest account, young recorded in Canada?
The lowest recorded value was 90.7% in 2011.
How does Canada rank for account, young?
Canada ranks 1st out of 105 countries with data for 2024.
Is account, young rising or falling in Canada?
Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
Where does this Canada data come from?
The figures come from Global Findex database, published as part of Account, young (% ages 15-24). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Account, young (% ages 15-24)
Unit
% ages 15-24
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), young (% ages 15-24)