Account ownership at a financial institution or with a in Panama
Panama: Account ownership at a financial institution or with a was 64.1% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Panama, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
The most recent figure for account ownership at a financial institution or with a in Panama is 64.1%, measured in 2024. That is the highest value across all 5 years on record.
That represents a change of up 42.5% on the previous year and up 46.8% over ten years.
Over the whole period, account ownership at a financial institution or with a in Panama peaked at 64.1% in 2024 and was at its lowest, 24.9%, in 2011.
Panama ranks 74th of 117 countries on this measure, in the middle of the range.
Account ownership at a financial institution or with a in Panama, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 24.9% | — |
| 2014 | 43.7% | +75.2% |
| 2017 | 46.5% | +6.5% |
| 2021 | 45.0% | -3.3% |
| 2024 | 64.1% | +42.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 38.4% | 24.9% | 46.5% | 3 |
| 2020s | 54.5% | 45.0% | 64.1% | 2 |
Countries ranked near Panama
More financial sector data for Panama
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 16.3 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 11.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 16.3 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Panama?
- Account ownership at a financial institution or with a in Panama was 64.1% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Panama?
- The highest recorded value was 64.1% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Panama?
- The lowest recorded value was 24.9% in 2011.
- How does Panama rank for account ownership at a financial institution or with a?
- Panama ranks 74th out of 117 countries with data for 2024.
- Is account ownership at a financial institution or with a 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, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+). Statizoid updates them automatically from the source API.
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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+).