TL;DR: Between 2021 and 2025, reported losses to the FBI IC3 rose from $6.9 billion to $20.877 billion (about three times). Canada's CAFC total rose from C$379 million to C$704 million. Australia's combined total peaked at A$3.15 billion in 2022 and was about 30% lower in 2025. UK Finance's bank-confirmed fraud total has stayed 3% to 11% below its 2021 level. The countries do not move together.

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Reported losses by year

Each agency's own series, in its own currency. All four are reported or bank-confirmed figures, so changes can reflect more reporting as well as more fraud.

Reported losses by year, local currency
YearUS: FBI IC3 ($ billion)UK: UK Finance (£ million)Canada: CAFC (C$ million)Australia: NASC (A$ billion)
20216.91,313.6379 (restated about 383)1.76
202210.31,212.1530.43.15
202312.51,168.4about 578*2.741
202416.61,228 (restated)6382.03
202520.8771,279.87042.18

* RCMP Gazette quoting the CAFC; a CAFC presentation shows $572 million and no official CAFC 2023 annual page was available. UK 2024 is the figure restated in UK Finance's 2026 report (it first published £1.17 billion). Australia's pre-2023 reports combined a different mix of sources.

Reported losses, index (2021 = 100)Reported losses indexed to 2021 equals 100. US IC3 rises to 303, Canada to 186, Australia to 124 after peaking at 179 in 2022, UK stays between 89 and 97.Reported losses, index (2021 = 100)7213419625832020212022202320242025US IC3 302.6Canada 185.8Australia 123.9UK 97.4
Each line is indexed to its own country's 2021 total, so the chart compares growth, not size. Index values are our calculations. Australia's 2021 and 2022 totals combine a different mix of sources from later years.

What the lines show

UK Finance counts only bank-confirmed payment fraud, while Report Fraud, which counts reports on all payment routes, recorded £879.8 million lost to investment fraud alone in 2025. The two measure different things.

Reading these trends carefully

A rise in reported losses does not prove that more fraud is happening. Better reporting tools, public awareness campaigns and bank data-sharing can all raise the count, and Canada's anti-fraud centre estimates that only 5 to 10 per cent of fraud is reported at all. Australia's decline since 2022 is a reported-loss decline, and the National Anti-Scam Centre's own series changed its mix of sources over the period.

For what is behind the US rise, see the FBI IC3 2025 report in numbers; for the other three countries, UK fraud and APP scam numbers for 2025, Canada's 2025 fraud data and Australia's 2025 scam data. Older adults carry a large share of the harm, covered in elder fraud statistics for 2026.

How we compiled this data

US figures are the FBI IC3's annual loss totals as printed in its 2021 to 2025 reports, with 2021 to 2024 cross-checked across later reports. UK figures are UK Finance's annual totals of unauthorised plus APP fraud losses. Canadian figures are CAFC reported losses. Australian figures are the combined National Anti-Scam Centre total.

Index values divide each year by that country's own 2021 value. Nothing is converted between currencies and no values are estimated. Where an agency restated an earlier year, we say so in the table notes rather than silently using the new value.

Some exact values could not be opened in the full PDFs from our publishing environment, so we confirmed them against official press releases or a second official source and rounded where the agency did.

Frequently Asked Questions

Are scams increasing in the US, UK, Canada and Australia?

Reported losses rose in the US and Canada every year from 2021 to 2025, were broadly flat in the UK on UK Finance's bank-confirmed measure, and in Australia fell from their 2022 peak to 2024 and rose again in 2025. Reporting changes make this different from a true crime rate.

Why did Australian scam losses fall after 2022?

The National Anti-Scam Centre's reported total fell from A$3.15 billion in 2022 to A$2.03 billion in 2024, then rose 7.8% to A$2.18 billion in 2025. The data show the pattern but we do not attribute a cause.

How much did the US lose to scams in the last five years?

Adding the FBI IC3's per-year totals gives about $67.2 billion for 2021 to 2025. That is our own sum of the yearly figures, several of which are rounded to $0.1 billion, so treat it as approximate; we could not find a five-year total in the 2025 report.

Can I download this data?

Yes. The CSV on this page has every year and country, and the chart can be embedded with the credit link left in place.

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The chart and compilation are ours; the underlying figures belong to the agencies listed under Sources, so check their terms before reusing the raw data.

Sources

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