Ecuador vs Panama: Bank or similar financial institution account

Ecuador
63.9%
in 2024
Panama
60.9%
in 2024
Ecuador rank
64th
Panama rank
66th

Bank or similar financial institution account over time

  • Ecuador
  • Panama
0204060201120172024

How they compare

Ecuador currently reports 63.9% against 60.9% in Panama, a difference of 3.0%.

That makes Ecuador's figure about 1.1 times Panama's.

Across all 5 years both countries report, Ecuador has been ahead every year.

Ecuador ranks 64th and Panama ranks 66th of 115 countries.

Ecuador has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Ecuador Panama Difference Ahead
2010s 44.6% 38.1% 6.6% Ecuador
2020s 64.1% 52.9% 11.1% Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, Ecuador or Panama?
Ecuador, at 63.9% against 60.9% in Panama as of 2024.
What is the difference in bank or similar financial institution account between Ecuador and Panama?
3.0%, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Panama?
5 years are reported by both, from 2011 to 2024.
How do Ecuador and Panama rank globally for bank or similar financial institution account?
Ecuador ranks 64th and Panama ranks 66th of 115 countries.
Where does this data come from?
Global Findex Database, published as Bank or similar financial institution account (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ecuador vs Panama: Bank or similar financial institution account. Statizoid, drawing on Global Findex Database. Retrieved 02 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-percent-age-15/ecuador/panama/

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About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)