Bank or similar financial institution account, older in Canada

Canada: Bank or similar financial institution account, older was 98.2% in 2024. ▬ Flat

Latest (2024)
98.2%
Change on year
down 1.4%
World rank
18th
of 106 countries
All-time high
99.7%
in 2017
All-time low
96.7%
in 2011
Years of data
5
2011–2024

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

0204060801002011201720242011: 96.7 % age 25+2014: 99.4 % age 25+2017: 99.7 % age 25+2021: 99.6 % age 25+2024: 98.2 % age 25+

Source: World Bank. Measured in % age 25+.

Analysis

Canada recorded 98.2% for bank or similar financial institution account, older in 2024.

That represents a change of down 1.4% on the previous year and down 1.2% over ten years.

Over the whole period, bank or similar financial institution account, older in Canada peaked at 99.7% in 2017 and was at its lowest, 96.7%, in 2011.

That places Canada 18th out of 106 countries with data for 2024, putting it in the top quarter.

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

Annual values for Bank or similar financial institution account, older (% age 25+) in Canada, 2011 to 2024.
Year % age 25+ Change
2011 96.7%
2014 99.4% +2.8%
2017 99.7% +0.3%
2021 99.6% -0.1%
2024 98.2% -1.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 98.6% 96.7% 99.7% 3
2020s 98.9% 98.2% 99.6% 2

Countries ranked near Canada

  1. 15 Sweden 98.4% compare
  2. 16 Belgium 98.3% compare
  3. 17 Ireland 98.3% compare
  4. 19 Spain 98.2% compare
  5. 20 Australia 97.9% compare
  6. 21 Singapore 97.8% compare

See the full ranking of 118 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is bank or similar financial institution account, older in Canada?
Bank or similar financial institution account, older in Canada was 98.2% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, older recorded in Canada?
The highest recorded value was 99.7% in 2017.
What is the lowest bank or similar financial institution account, older recorded in Canada?
The lowest recorded value was 96.7% in 2011.
How does Canada rank for bank or similar financial institution account, older?
Canada ranks 18th out of 106 countries with data for 2024.
Is bank or similar financial institution account, older rising or falling in Canada?
Over the last ten years it is down 1.2%. 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, older (% age 25+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, older in Canada. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-older-percent-age-25/canada/

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About this data

Indicator
Bank or similar financial institution account, older (% age 25+)
Unit
% age 25+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed