Account Ownership Statistics in Canada (2026)
In 2024, 98.4% of adults in Canada had an account at a financial institution or mobile money provider, according to World Bank Global Findex data. Down from 99.6% in 2021 to 98.4% in 2024 (−1.2 percentage points). Canada ranks #1 of 2 economies in North America on this measure, and #15 of 145 globally.
Key Statistics
- Latest value (2024)
- 98.4% (2024)
- Account Ownership in Canada as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- −1.2 pp (2024)
- Down from 99.6% in 2021 to 98.4% in 2024 (−1.2 percentage points).
- Earliest value in this dataset (2011)
- 95.8% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 95.8% in 2011 to 98.4% in 2024.
- Peak value (2017)
- 99.7% (2017)
- Highest value in the available series; the 2024 value is 98.4%.
- Rank in North America
- #1 of 2 (2024)
- Canada ranks 1 of 2 countries in North America with data, based on each country's latest value.
- Global rank
- #15 of 145 (2024)
- Canada ranks 15 of 145 countries with data globally.
- North America average
- 97.7% (2024)
- Canada (98.4%) is above the average of 97.7% across the 2 countries in North America with data.
- Among women (2024)
- 98.8% (2024)
- Value for women in Canada, same 2024 World Bank Global Findex data.
- Among men (2024)
- 98.1% (2024)
- Value for men in Canada, same 2024 World Bank Global Findex data.
- Gender gap (women minus men)
- +0.7 pp (2024)
- In 2024, the figure was 98.8% for women and 98.1% for men — 0.7 percentage points higher among women.
- In rural areas (2024)
- 98.7% (2024)
- Value for rural residents of Canada in 2024.
- Rural gap vs national
- +0.3 pp (2024)
- Rural residents (98.7%) are 0.3 percentage points above the national figure (98.4%).
- Among the poorest 40% (2024)
- 98.6% (2024)
- Value for adults in the poorest 40% of households in Canada in 2024.
- Poorest-40% gap vs national
- +0.2 pp (2024)
- The poorest 40% (98.6%) are 0.2 percentage points above the national figure (98.4%).
- Internet use in Canada (2024)
- 94.4% (2024)
- 94.4% of the population in Canada used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 41.3 million (2024)
- Canada had a population of 41.3 million in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 98.4% | −1.2 pp |
| 2021 | 99.6% | −0.1 pp |
| 2017 | 99.7% | +0.6 pp |
| 2014 | 99.1% | +3.3 pp |
| 2011 | 95.8% | — |
Frequently asked questions
What share of adults in Canada had an account at a financial institution or mobile money provider?
98.4% of adults in Canada had an account at a financial institution or mobile money provider in 2024, according to World Bank Global Findex data.
Where does Canada rank globally on account ownership?
Canada ranks 15 of 145 countries with data globally, based on the latest World Bank Global Findex value for each country.
Is there a gender gap in account ownership in Canada?
Yes — in 2024 the figure was 98.8% for women and 98.1% for men, a gap of 0.7 percentage points in favor of women.
When did account ownership in Canada peak?
The highest value in the available series was 99.7% in 2017; the latest (2024) value is 98.4%.
How recent is the account ownership data for Canada?
The most recent observation is from 2024. World Bank Global Findex data is reported with a lag, so 2024 is the latest available year for Canada.
Source & methodology
Source: World Bank Global Findex, indicator
account.t.d, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .