Ecuador vs Panama: Account ownership at a financial institution or with a
Ecuador
64.5%
in 2024
Panama
64.1%
in 2024
Ecuador rank
71st
Panama rank
74th
Account ownership at a financial institution or with a over time
- Ecuador
- Panama
How they compare
Ecuador currently reports 64.5% against 64.1% in Panama, a difference of 0.4%.
Across all 5 years both countries report, Ecuador has been ahead every year.
Ecuador ranks 71st and Panama ranks 74th of 117 countries.
Ecuador has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 44.7% | 38.4% | 6.4% | Ecuador |
| 2020s | 64.3% | 54.5% | 9.8% | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher account ownership at a financial institution or with a, Ecuador or Panama?
- Ecuador, at 64.5% against 64.1% in Panama as of 2024.
- What is the difference in account ownership at a financial institution or with a between Ecuador and Panama?
- 0.4%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Panama?
- 5 years are reported by both, from 2011 to 2024.
- How do Ecuador and Panama rank globally for account ownership at a financial institution or with a?
- Ecuador ranks 71st and Panama ranks 74th of 117 countries.
- Where does this data come from?
- Global Findex Database, World Bank (WB), published as Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (% age 15+).