Bank concentration in Panama
Panama: Bank concentration was 43.8% in 2021. ▬ Flat
Bank concentration in Panama, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank concentration in Panama is 43.8%, measured in 2021.
The figure is down 2.7% on the previous year and down 26.2% over ten years.
Over the whole period, bank concentration in Panama peaked at 76.6% in 2006 and was at its lowest, 33.6%, in 2000.
Panama ranks 153rd of 170 countries on this measure, in the bottom quarter.
Bank concentration in Panama, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 33.6% | — |
| 2001 | 35.2% | +4.8% |
| 2002 | 37.0% | +4.9% |
| 2003 | 37.3% | +1.0% |
| 2004 | 41.9% | +12.2% |
| 2005 | 51.0% | +21.6% |
| 2006 | 76.6% | +50.4% |
| 2007 | 75.8% | -1.1% |
| 2008 | 69.8% | -7.9% |
| 2009 | 70.8% | +1.4% |
| 2010 | 64.4% | -9.0% |
| 2011 | 59.3% | -7.9% |
| 2012 | 53.7% | -9.5% |
| 2013 | 54.4% | +1.3% |
| 2014 | 61.5% | +13.0% |
| 2015 | 38.6% | -37.2% |
| 2016 | 39.1% | +1.2% |
| 2017 | 40.1% | +2.7% |
| 2018 | 42.7% | +6.4% |
| 2019 | 43.1% | +1.0% |
| 2020 | 45.0% | +4.3% |
| 2021 | 43.8% | -2.7% |
Panama compared with similar countries
- Panama's 43.8% is below the median for high income countries, which is 73.1%, 60% of the median. (63 countries reporting)
- Panama's 43.8% is below the median for Latin America & Caribbean, which is 73.8%, 59% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Bank concentration in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +50.4% | 51.0% | 76.6% |
| 2015 | -37.2% | 61.5% | 38.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.9% | 33.6% | 76.6% | 10 |
| 2010s | 49.7% | 38.6% | 64.4% | 10 |
| 2020s | 44.4% | 43.8% | 45.0% | 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 concentration in Panama?
- Bank concentration in Panama was 43.8% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Panama?
- The highest recorded value was 76.6% in 2006.
- What is the lowest bank concentration recorded in Panama?
- The lowest recorded value was 33.6% in 2000.
- How does Panama rank for bank concentration?
- Panama ranks 153rd out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Panama?
- Over the last ten years it is down 26.2%. The long-run trend across the full record is flat.
- Where does this Panama data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.