Financial Institutions Access Index in Panama
Panama: Financial Institutions Access Index was 0.5497 in 2020. ◆ Volatile
Financial Institutions Access Index in Panama, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Panama stood at 0.5497.
That represents a change of down 0.9% on the previous year and up 27.2% over ten years.
Over the whole period, financial institutions access index in Panama peaked at 0.5708 in 2016 and was at its lowest, 0.159, in 1992.
Panama ranks 42nd of 183 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Institutions Access Index in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1886 | — |
| 1981 | 0.2004 | +6.3% |
| 1982 | 0.1829 | -8.8% |
| 1983 | 0.1784 | -2.4% |
| 1984 | 0.1742 | -2.4% |
| 1985 | 0.1714 | -1.6% |
| 1986 | 0.1747 | +1.9% |
| 1987 | 0.179 | +2.4% |
| 1988 | 0.1646 | -8.0% |
| 1989 | 0.1639 | -0.4% |
| 1990 | 0.1601 | -2.3% |
| 1991 | 0.1599 | -0.1% |
| 1992 | 0.159 | -0.5% |
| 1993 | 0.1851 | +16.4% |
| 1994 | 0.203 | +9.7% |
| 1995 | 0.1997 | -1.6% |
| 1996 | 0.1833 | -8.2% |
| 1997 | 0.212 | +15.6% |
| 1998 | 0.202 | -4.7% |
| 1999 | 0.2243 | +11.1% |
| 2000 | 0.2034 | -9.4% |
| 2001 | 0.1952 | -4.0% |
| 2002 | 0.1758 | -9.9% |
| 2003 | 0.1664 | -5.4% |
| 2004 | 0.1706 | +2.6% |
| 2005 | 0.174 | +2.0% |
| 2006 | 0.182 | +4.6% |
| 2007 | 0.387 | +112.6% |
| 2008 | 0.4073 | +5.3% |
| 2009 | 0.4224 | +3.7% |
| 2010 | 0.4323 | +2.3% |
| 2011 | 0.455 | +5.2% |
| 2012 | 0.476 | +4.6% |
| 2013 | 0.5143 | +8.0% |
| 2014 | 0.5425 | +5.5% |
| 2015 | 0.5665 | +4.4% |
| 2016 | 0.5708 | +0.8% |
| 2017 | 0.5633 | -1.3% |
| 2018 | 0.5547 | -1.5% |
| 2019 | 0.5546 | -0.0% |
| 2020 | 0.5497 | -0.9% |
Panama compared with similar countries
- Panama's 0.5497 is above the median for high income countries, which is 0.5313, 1.0× the median. (62 countries reporting)
- Panama's 0.5497 is above the median for Latin America & Caribbean, which is 0.3636, 1.5× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Access Index 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 |
|---|---|---|---|
| 2007 | +112.6% | 0.182 | 0.387 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1778 | 0.1639 | 0.2004 | 10 |
| 1990s | 0.1888 | 0.159 | 0.2243 | 10 |
| 2000s | 0.2484 | 0.1664 | 0.4224 | 10 |
| 2010s | 0.523 | 0.4323 | 0.5708 | 10 |
| 2020s | 0.5497 | 0.5497 | 0.5497 | 1 |
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 financial institutions access index in Panama?
- Financial institutions access index in Panama was 0.5497 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Panama?
- The highest recorded value was 0.5708 in 2016.
- What is the lowest financial institutions access index recorded in Panama?
- The lowest recorded value was 0.159 in 1992.
- How does Panama rank for financial institutions access index?
- Panama ranks 42nd out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Panama?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.