Triennial debit card penetration in Canada 2011-2024, by demographic

Share of individuals who own a debit card in Canada in 2011, 2014, 2017 and 2021 with a forecast for 2024, by age, gender, and income level

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Sources

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Release date

March 2024

Region

Canada

Survey time period

August to November 2021

Number of respondents

approx. 1,000 per country

Age group

15 years and older

Special properties

Entire civilian, noninstitutionalized population; * The data for 2024 is a forecast calculated by Statista; The figures shown are from a global survey held every 3 years. Data for 2021 - the most recent year available - was released in June 2022.

Method of interview

Face-to-face interviews, telephone interviews

Supplementary notes

This question was phrased by the source as follows: "A/An [insert local terminology for ATM/debit card] is a card connected to an account at a financial institution that allows you to withdraw money, and the money is taken out of THAT ACCOUNT right away. Do you, personally, have a/an [insert local terminology for ATM/debit card]? Yes or no?"

Figures for 2024 are a forecast from Statista. Historical figures were used in a linear trend, to form a simple trend projection. This extrapolation uses the method of least squares.

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