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.
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
- 39 Peru 0.5676 compare
- 40 Armenia, Republic of 0.5676 compare
- 41 Tonga 0.5519 compare
- 43 Slovak Republic 0.5431 compare
- 44 Türkiye 0.5395 compare
- 45 Serbia, Republic of 0.5389 compare
More financial sector data for Panama
- Net domestic credit (current LCU), per capita 11,791 current LCU per person (2020)
- Net domestic credit (current LCU), per unit of GDP 0.8872 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), annual growth rate -4.93 % change on previous year (2020)
- Reserves excluding gold, foreign exchange 4.12 billion SDR (2025)
- Reserves excluding gold 4.56 billion SDR (2025)
- Total reserves (gold at market value) 4.56 billion SDR (2025)
- Total reserves (gold at national valuation) 4.56 billion SDR (2025)
- Domestic credit to private sector by banks 66.8% (2025)
- Total reserves in months of imports 1.74 (2025)
- Net domestic credit 50.62 billion current LCU (2020)
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.
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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.