Bank concentration in Panama

Panama: Bank concentration was 43.8% in 2021. ▬ Flat

Latest (2021)
43.8%
Change on year
down 2.7%
World rank
153rd
of 169 countries
All-time high
76.6%
in 2006
All-time low
33.6%
in 2000
Years of data
22
2000–2021

Bank concentration in Panama, 2000–2021

0204060802000201020212000: 33.6 %2001: 35.2 %2002: 37 %2003: 37.3 %2004: 41.9 %2005: 51 %2006: 76.6 %2007: 75.8 %2008: 69.8 %2009: 70.8 %2010: 64.4 %2011: 59.3 %2012: 53.7 %2013: 54.4 %2014: 61.5 %2015: 38.6 %2016: 39.1 %2017: 40.1 %2018: 42.7 %2019: 43.1 %2020: 45 %2021: 43.8 %

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 169 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest 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

  1. 150 Thailand 44.8% compare
  2. 151 Kenya 44.8% compare
  3. 152 Tunisia 44.5% compare
  4. 154 Cambodia 43.5% compare
  5. 155 Bolivia 43.3% compare
  6. 156 Indonesia 43.3% compare

See the full ranking of 169 places →

More financial sector data for Panama

All data for Panama →

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 169 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.

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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,296 data points, 2000–2021
Last refreshed

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.