Bank or similar financial institution account, poorest 40% in Canada

Canada: Bank or similar financial institution account, poorest 40% was 98.6% in 2024. ▬ Flat

Latest (2024)
98.6%
Change on year
down 0.8%
World rank
8th
of 102 countries
All-time high
99.8%
in 2017
All-time low
93.3%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Canada, 2011–2024

0204060801002011201720242011: 93.3 % age 15+2014: 98.4 % age 15+2017: 99.8 % age 15+2021: 99.4 % age 15+2024: 98.6 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account, poorest 40% in Canada is 98.6%, measured in 2024.

The figure is down 0.8% on the previous year and up 0.2% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Canada peaked at 99.8% in 2017 and was at its lowest, 93.3%, in 2011.

Canada ranks 8th of 102 countries on this measure, in the top 10%.

Bank or similar financial institution account, poorest 40% in Canada, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Canada, 2011 to 2024.
Year % age 15+ Change
2011 93.3%
2014 98.4% +5.5%
2017 99.8% +1.4%
2021 99.4% -0.4%
2024 98.6% -0.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 97.2% 93.3% 99.8% 3
2020s 99.0% 98.6% 99.4% 2

Countries ranked near Canada

  1. 5 Spain 98.8% compare
  2. 6 Belgium 98.7% compare
  3. 7 France 98.7% compare
  4. 9 Germany 98.6% compare
  5. 10 Netherlands 98.3% compare
  6. 11 Slovenia 98.1% compare

See the full ranking of 114 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Canada?
Bank or similar financial institution account, poorest 40% in Canada was 98.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Canada?
The highest recorded value was 99.8% in 2017.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Canada?
The lowest recorded value was 93.3% in 2011.
How does Canada rank for bank or similar financial institution account, poorest 40%?
Canada ranks 8th out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Canada?
Over the last ten years it is up 0.2%. 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, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Canada. Statizoid. Retrieved 08 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/canada/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed