Canada: Percent people with bank accounts

* indicates monthly or quarterly data series

People with bank accounts, percent of the population over 14 years of age

 Latest value 99.63
 Year 2021
 Measure percent
 Data availability 2011 - 2021
 Average 98.57
 Min - Max 95.80 - 99.73
 Source The World Bank
For that indicator, we provide data for Canada from 2011 to 2021. The average value for Canada during that period was 98.57 percent with a minimum of 95.8 percent in 2011 and a maximum of 99.73 percent in 2017. The latest value from 2021 is 99.63 percent. For comparison, the world average in 2021 based on 121 countries is 65.76 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 - Percent people with bank accounts  - Recent values chart

Definition: The percentage of respondents with an account (self or together with someone else) at a bank, credit union, another financial institution (e.g., cooperative, microfinance institution), or the post office (if applicable) including respondents who reported having a debit card (% age 15+).

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Types of financial institutions

Financial development and economic development

 Related indicators Latest value Reference Measure
 ATMs per 100,000 adults 212.44 2021 ATMs per 100,000 adults
 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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