Bank branches — all countries

Bank branches — Canada

Bank branches in Canada in 2024 — 18.04 per 100k. Ranked 44 in the world out of 153. Since 2006, the indicator has fallen by 26.6%.

2024 18.04 per 100k −5.09% vs 2023
World rank 44of 153
Period maximum 24.67 per 100k2007
Period minimum 18.04 per 100k2024

Trend over time

2006–2024 · per 100,000 adults

Bank branches — Canada, 2006–2024182022242620062008201020122014201620182020202220242006: 24.58 per 100k2007: 24.67 per 100k2008: 24.63 per 100k2009: 24.21 per 100k2010: 24.08 per 100k2011: 24.19 per 100k2012: 24.32 per 100k2013: 23.35 per 100k2014: 23.19 per 100k2015: 22.91 per 100k2016: 22.34 per 100k2017: 20.83 per 100k2018: 20.18 per 100k2019: 19.75 per 100k2020: 20.18 per 100k2021: 20.69 per 100k2022: 19.76 per 100k2023: 19.01 per 100k2024: 18.04 per 100k
Change over the period: −6.54 (−26.61%) Average annual rate: -1.7 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Canada

Canada 18.04 per 100k
World 11.12 per 100k
North America 21.88 per 100k
Bank branches — Canada, by year Canada All countries CSV XLSX
Year per 100k Change Change, %
2024 18.04 −0.97 −5.09%
2023 19.01 −0.76 −3.83%
2022 19.76 −0.93 −4.5%
2021 20.69 +0.51 +2.52%
2020 20.18 +0.43 +2.2%
2019 19.75 −0.43 −2.12%
2018 20.18 −0.65 −3.11%
2017 20.83 −1.51 −6.77%
2016 22.34 −0.57 −2.49%
2015 22.91 −0.28 −1.23%
2014 23.19 −0.16 −0.69%
2013 23.35 −0.96 −3.96%
2012 24.32 +0.13 +0.53%
2011 24.19 +0.11 +0.45%
2010 24.08 −0.13 −0.54%
2009 24.21 −0.42 −1.7%
2008 24.63 −0.05 −0.18%
2007 24.67 +0.09 +0.38%
2006 24.58

Northern America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.

Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.

Source: World Development Indicators (World Bank), license CC BY 4.0.