Number of commercial bank branches per 100000 adults in Canada

Canada: Number of commercial bank branches per 100000 adults was 18.04 in 2024. ▼ Falling

Latest (2024)
18.04
Change on year
down 5.1%
World rank
47th
of 184 countries
All-time high
24.67
in 2007
All-time low
18.04
in 2024
Years of data
19
2006–2024

Number of commercial bank branches per 100000 adults in Canada, 2006–2024

05101520252006201520242006: 24.62007: 24.72008: 24.62009: 24.22010: 24.12011: 24.22012: 24.32013: 23.42014: 23.22015: 22.92016: 22.32017: 20.82018: 20.22019: 19.72020: 20.22021: 20.72022: 19.82023: 192024: 18

Source: Our World in Data.

Analysis

In 2024, number of commercial bank branches per 100000 adults in Canada stood at 18.04. That is the lowest value across all 19 years on record.

The figure is down 5.1% on the previous year and down 22.2% over ten years.

Over the whole period, number of commercial bank branches per 100000 adults in Canada peaked at 24.67 in 2007 and was at its lowest, 18.04, in 2024.

Canada ranks 47th of 184 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 19 years of available data.

Number of commercial bank branches per 100000 adults in Canada, year by year

Annual values for Number of commercial bank branches per 100000 adults in Canada, 2006 to 2024.
Year Value Change
2006 24.58
2007 24.67 +0.4%
2008 24.63 -0.2%
2009 24.21 -1.7%
2010 24.08 -0.5%
2011 24.19 +0.5%
2012 24.32 +0.5%
2013 23.35 -4.0%
2014 23.19 -0.7%
2015 22.91 -1.2%
2016 22.34 -2.5%
2017 20.83 -6.8%
2018 20.18 -3.1%
2019 19.75 -2.1%
2020 20.18 +2.2%
2021 20.69 +2.5%
2022 19.76 -4.5%
2023 19 -3.8%
2024 18.04 -5.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.52 24.21 24.67 4
2010s 22.51 19.75 24.32 10
2020s 19.54 18.04 20.69 5

Countries ranked near Canada

  1. 44 Slovenia 18.58 compare
  2. 45 Cyprus 18.51 compare
  3. 46 Belgium 18.39 compare
  4. 48 Albania 17.98 compare
  5. 49 Panama 17.72 compare
  6. 50 Saint Vincent and the Grenadines 17.68 compare

See the full ranking of 184 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is number of commercial bank branches per 100000 adults in Canada?
Number of commercial bank branches per 100000 adults in Canada was 18.04 in 2024, according to Our World in Data.
What is the highest number of commercial bank branches per 100000 adults recorded in Canada?
The highest recorded value was 24.67 in 2007.
What is the lowest number of commercial bank branches per 100000 adults recorded in Canada?
The lowest recorded value was 18.04 in 2024.
How does Canada rank for number of commercial bank branches per 100000 adults?
Canada ranks 47th out of 184 countries with data for 2024.
Is number of commercial bank branches per 100000 adults rising or falling in Canada?
Over the last ten years it is down 22.2%. The long-run trend across the full record is falling.
Where does this Canada data come from?
The figures come from Our World in Data, published as part of Number of commercial bank branches per 100000 adults. Statizoid updates them automatically from the source API.

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Number of commercial bank branches per 100000 adults in Canada. Statizoid, drawing on Our World in Data. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/number-of-commercial-bank-branches-per-100000-adults/canada/

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About this data

Indicator
Number of commercial bank branches per 100000 adults
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 3,628 data points, 2004–2024
Last refreshed