Bank or similar financial institution account, in laborforce in Canada

Canada: Bank or similar financial institution account, in laborforce was 98.9% in 2024. ▬ Flat

Latest (2024)
98.9%
Change on year
down 0.9%
World rank
14th
of 98 countries
All-time high
99.8%
in 2021
All-time low
97.1%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, in laborforce in Canada, 2011–2024

0204060801002011201720242011: 97.1 % age 15+2014: 99.5 % age 15+2017: 99.8 % age 15+2021: 99.8 % age 15+2024: 98.9 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

In 2024, bank or similar financial institution account, in laborforce in Canada stood at 98.9%.

The figure is down 0.9% on the previous year and down 0.6% over ten years.

Over the whole period, bank or similar financial institution account, in laborforce in Canada peaked at 99.8% in 2021 and was at its lowest, 97.1%, in 2011.

That places Canada 14th out of 98 countries with data for 2024, putting it in the top quarter.

Bank or similar financial institution account, in laborforce in Canada, year by year

Annual values for Bank or similar financial institution account, in laborforce (% age 15+) in Canada, 2011 to 2024.
Year % age 15+ Change
2011 97.1%
2014 99.5% +2.5%
2017 99.8% +0.3%
2021 99.8% +0.0%
2024 98.9% -0.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 98.8% 97.1% 99.8% 3
2020s 99.4% 98.9% 99.8% 2

Countries ranked near Canada

  1. 11 Lithuania 99.2% compare
  2. 12 Slovakia 99.0% compare
  3. 13 New Zealand 99.0% compare
  4. 15 Malta 98.9% compare
  5. 16 Mongolia 98.9% compare
  6. 17 Denmark 98.8% compare

See the full ranking of 110 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is bank or similar financial institution account, in laborforce in Canada?
Bank or similar financial institution account, in laborforce in Canada was 98.9% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, in laborforce recorded in Canada?
The highest recorded value was 99.8% in 2021.
What is the lowest bank or similar financial institution account, in laborforce recorded in Canada?
The lowest recorded value was 97.1% in 2011.
How does Canada rank for bank or similar financial institution account, in laborforce?
Canada ranks 14th out of 98 countries with data for 2024.
Is bank or similar financial institution account, in laborforce rising or falling in Canada?
Over the last ten years it is down 0.6%. The long-run trend across the full record is flat.
Where does this Canada data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, in laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, in laborforce in Canada. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/canada/

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About this data

Indicator
Bank or similar financial institution account, in laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed