Owns a credit card in Panama

Panama: Owns a credit card was 12.7% in 2024. ▲ Rising

Latest (2024)
12.7%
Change on year
up 76.7%
World rank
23rd
of 115 countries
All-time high
12.7%
in 2024
All-time low
7.2%
in 2021
Years of data
5
2011–2024

Owns a credit card in Panama, 2011–2024

0510152011201720242011: 10.7 % age 15+2014: 9.8 % age 15+2017: 8 % age 15+2021: 7.2 % age 15+2024: 12.7 % age 15+

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

Analysis

The most recent figure for owns a credit card in Panama is 12.7%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 76.7% on the previous year and up 30.3% over ten years.

Over the whole period, owns a credit card in Panama peaked at 12.7% in 2024 and was at its lowest, 7.2%, in 2021.

Panama ranks 23rd of 115 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.5% 8.0% 10.7% 3
2020s 10.0% 7.2% 12.7% 2

Countries ranked near Panama

  1. 20 Bosnia and Herzegovina 13.7% compare
  2. 21 Azerbaijan 13.4% compare
  3. 22 Malaysia 13.2% compare
  4. 24 Peru 12.6% compare
  5. 25 Bulgaria 12.6% compare
  6. 26 Iran 12.4% compare

See the full ranking of 125 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is owns a credit card in Panama?
Owns a credit card in Panama was 12.7% in 2024, according to Global Findex Database.
What is the highest owns a credit card recorded in Panama?
The highest recorded value was 12.7% in 2024.
What is the lowest owns a credit card recorded in Panama?
The lowest recorded value was 7.2% in 2021.
How does Panama rank for owns a credit card?
Panama ranks 23rd out of 115 countries with data for 2024.
Is owns a credit card rising or falling in Panama?
Over the last ten years it is up 30.3%. 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 Owns a credit card (% 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
Owns a credit card (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 625 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a credit card, (% age 15+)