Foreign banks among total banks (%) in Panama
Panama: Foreign banks among total banks (%) was 69.0% in 2013. ▲ Rising
Foreign banks among total banks in Panama, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
Panama recorded 69.0% for foreign banks among total banks in 2013.
The figure is down 1.4% on the previous year and up 15.0% over ten years.
Over the whole period, foreign banks among total banks in Panama peaked at 70.0% in 2012 and was at its lowest, 56.0%, in 2001.
Panama ranks 30th of 137 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Panama, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 63.0% | — |
| 1996 | 62.0% | -1.6% |
| 1997 | 61.0% | -1.6% |
| 1998 | 59.0% | -3.3% |
| 1999 | 59.0% | +0.0% |
| 2000 | 57.0% | -3.4% |
| 2001 | 56.0% | -1.8% |
| 2002 | 60.0% | +7.1% |
| 2003 | 60.0% | +0.0% |
| 2004 | 60.0% | +0.0% |
| 2005 | 61.0% | +1.7% |
| 2006 | 63.0% | +3.3% |
| 2007 | 64.0% | +1.6% |
| 2008 | 65.0% | +1.6% |
| 2009 | 69.0% | +6.2% |
| 2010 | 68.0% | -1.4% |
| 2011 | 69.0% | +1.5% |
| 2012 | 70.0% | +1.4% |
| 2013 | 69.0% | -1.4% |
Panama compared with similar countries
- Panama's 69.0% is above the median for high income countries, which is 36.0%, 1.9× the median. (53 countries reporting)
- Panama's 69.0% is above the median for Latin America & Caribbean, which is 41.5%, 1.7× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 60.8% | 59.0% | 63.0% | 5 |
| 2000s | 61.5% | 56.0% | 69.0% | 10 |
| 2010s | 69.0% | 68.0% | 70.0% | 4 |
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 foreign banks among total banks in Panama?
- Foreign banks among total banks in Panama was 69.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Panama?
- The highest recorded value was 70.0% in 2012.
- What is the lowest foreign banks among total banks recorded in Panama?
- The lowest recorded value was 56.0% in 2001.
- How does Panama rank for foreign banks among total banks?
- Panama ranks 30th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Panama?
- Over the last ten years it is up 15.0%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.