Account in Panama

Panama: Account was 64.1% in 2024. ▲ Rising

Latest (2024)
64.1%
Change on year
up 42.5%
World rank
73rd
of 116 countries
All-time high
64.1%
in 2024
All-time low
24.9%
in 2011
Years of data
5
2011–2024

Account in Panama, 2011–2024

02040602011201720242011: 24.9 % age 15+2014: 43.7 % age 15+2017: 46.5 % age 15+2021: 45 % age 15+2024: 64.1 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

In 2024, account in Panama stood at 64.1%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 42.5% on the previous year and up 46.8% over ten years.

Over the whole period, account in Panama peaked at 64.1% in 2024 and was at its lowest, 24.9%, in 2011.

Panama ranks 73rd of 116 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 38.4% 24.9% 46.5% 3
2020s 54.5% 45.0% 64.1% 2

Countries ranked near Panama

  1. 70 Gabon 68.2% compare
  2. 71 Dominican Republic 64.8% compare
  3. 72 Ecuador 64.5% compare
  4. 74 Nigeria 63.3% compare
  5. 75 Botswana 61.4% compare
  6. 76 Cameroon 60.9% compare

See the full ranking of 129 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is account in Panama?
Account in Panama was 64.1% in 2024, according to Global Findex Database.
What is the highest account recorded in Panama?
The highest recorded value was 64.1% in 2024.
What is the lowest account recorded in Panama?
The lowest recorded value was 24.9% in 2011.
How does Panama rank for account?
Panama ranks 73rd out of 116 countries with data for 2024.
Is account rising or falling in Panama?
Over the last ten years it is up 46.8%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Global Findex Database, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
129 places, 645 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)