Canada: Banking system concentration

* indicates monthly or quarterly data series

Bank concentration: percent of bank assets held by top three banks

 Latest value 60.75
 Year 2021
 Measure percent
 Data availability 2000 - 2021
 Average 68.71
 Min - Max 53.02 - 91.48
 Source Bankscope
For that indicator, we provide data for Canada from 2000 to 2021. The average value for Canada during that period was 68.71 percent with a minimum of 53.02 percent in 2000 and a maximum of 91.48 percent in 2009. The latest value from 2021 is 60.75 percent. For comparison, the world average in 2021 based on 135 countries is 67.43 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Canada - Banking system concentration - Recent values chart

Historical chart
Canada - Banking system concentration - historical chart - 2000-2021

Definition: Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.

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 Bank branches per 100,000 people 20.69 2021 bank branches
 Percent people with credit cards 82.74 2021 percent
 Percent people with debit cards 96.17 2021 percent
 Domestic credit to the private sector 124.10 2008 percent
 Bank credit to the private sector 124.10 2008 percent
 Liquid liabilities, percent of GDP 121.89 2008 percent
 Bank assets to GDP 141.27 2008 percent
 Financial system deposits, percent of GDP 118.96 2008 percent
 Bank credit to government 17.17 2008 percent
 Banking system concentration 60.75 2021 percent
 Foreign bank assets 3.00 2013 percent of total bank assets
 Percent people with bank accounts 99.63 2021 percent
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