Bank branches per 100,000 adults in Panama
Panama: Bank branches per 100,000 adults was 19.46 in 2021. ▼ Falling
Bank branches per 100,000 adults in Panama, 2007–2021
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
Panama recorded 19.46 for bank branches per 100,000 adults in 2021. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 1.9% on the previous year and down 14.1% over ten years.
Over the whole period, bank branches per 100,000 adults in Panama peaked at 23.96 in 2014 and was at its lowest, 19.46, in 2021.
That places Panama 54th out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Bank branches per 100,000 adults in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 21.43 | — |
| 2008 | 22.48 | +4.9% |
| 2009 | 22.36 | -0.5% |
| 2010 | 22.7 | +1.5% |
| 2011 | 22.65 | -0.2% |
| 2012 | 22.26 | -1.7% |
| 2013 | 23.59 | +6.0% |
| 2014 | 23.96 | +1.6% |
| 2015 | 23.61 | -1.5% |
| 2016 | 23.37 | -1.0% |
| 2017 | 22.22 | -4.9% |
| 2018 | 21.66 | -2.5% |
| 2019 | 20.2 | -6.8% |
| 2020 | 19.83 | -1.8% |
| 2021 | 19.46 | -1.9% |
Panama compared with similar countries
- Panama's 19.46 is below the median for high income countries, which is 20.69, 94% of the median. (61 countries reporting)
- Panama's 19.46 is above the median for Latin America & Caribbean, which is 14.64, 1.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.09 | 21.43 | 22.48 | 3 |
| 2010s | 22.62 | 20.2 | 23.96 | 10 |
| 2020s | 19.65 | 19.46 | 19.83 | 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 bank branches per 100,000 adults in Panama?
- Bank branches per 100,000 adults in Panama was 19.46 in 2021, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Panama?
- The highest recorded value was 23.96 in 2014.
- What is the lowest bank branches per 100,000 adults recorded in Panama?
- The lowest recorded value was 19.46 in 2021.
- How does Panama rank for bank branches per 100,000 adults?
- Panama ranks 54th out of 185 countries with data for 2021.
- Is bank branches per 100,000 adults rising or falling in Panama?
- Over the last ten years it is down 14.1%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.