Bank or similar financial institution account, young in Canada

Canada: Bank or similar financial institution account, young was 100.0% in 2024. ▲ Rising

Latest (2024)
100.0%
Change on year
unchanged
World rank
1st
of 106 countries
All-time high
100.0%
in 2017
All-time low
90.7%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution 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: World Bank. Measured in % ages 15-24.

Analysis

In 2024, bank or similar financial institution account, young in Canada stood at 100.0%. That is the highest value across all 5 years on record.

The figure is up 2.7% over ten years.

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

Canada ranks 1st of 106 countries on this measure, in the top 10%.

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

Annual values for Bank or similar financial institution account, young (% ages 15-24) in Canada, 2011 to 2024.
Year % ages 15-24 Change
2011 90.7%
2014 97.4% +7.4%
2017 100.0% +2.7%
2021 100.0% +0.0%
2024 100.0% +0.0%

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 bank or similar financial institution account, young in Canada?
Bank or similar financial institution account, young in Canada was 100.0% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, young recorded in Canada?
The highest recorded value was 100.0% in 2017.
What is the lowest bank or similar financial institution account, young recorded in Canada?
The lowest recorded value was 90.7% in 2011.
How does Canada rank for bank or similar financial institution account, young?
Canada ranks 1st out of 106 countries with data for 2024.
Is bank or similar financial institution 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 the World Bank, published as part of Bank or similar financial institution account, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, young in Canada. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/canada/

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About this data

Indicator
Bank or similar financial institution account, young (% ages 15-24)
Unit
% ages 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed