Nigeria vs Panama: Bank or similar financial institution account

Nigeria
59.7%
in 2024
Panama
60.9%
in 2024
Nigeria rank
67th
Panama rank
66th

Bank or similar financial institution account over time

  • Nigeria
  • Panama
0204060201120172024

How they compare

Panama currently reports 60.9% against 59.7% in Nigeria, a difference of 1.2%.

The two have swapped places 3 times across 5 shared years of data; in 2011 it was Nigeria ahead.

Nigeria ranks 67th and Panama ranks 66th of 115 countries.

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

Head to head by decade

Decade Nigeria Panama Difference Ahead
2010s 37.7% 38.1% 0.3% Panama
2020s 52.4% 52.9% 0.5% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, Nigeria or Panama?
Panama, at 60.9% against 59.7% in Nigeria as of 2024.
What is the difference in bank or similar financial institution account between Nigeria and Panama?
1.2%, with Panama ahead.
How many years of comparable data are there for Nigeria and Panama?
5 years are reported by both, from 2011 to 2024.
How do Nigeria and Panama rank globally for bank or similar financial institution account?
Nigeria ranks 67th 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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Nigeria vs Panama: Bank or similar financial institution account. Statizoid, drawing on Global Findex Database. Retrieved 05 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-percent-age-15/nigeria/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+)