Share of adults with an account at a financial institution in Panama

Panama: Share of adults with an account at a financial institution was 64.1% in 2024. ▲ Rising

Latest (2024)
64.1%
Change on year
up 42.5%
World rank
72nd
of 115 countries
All-time high
64.1%
in 2024
All-time low
24.9%
in 2011
Years of data
5
2011–2024

Share of adults with an account at a financial institution in Panama, 2011–2024

02040602011201720242011: 24.9 % age 15+2014: 43.7 % age 15+2017: 46.5 % age 15+2021: 45 % age 15+2024: 64.1 % age 15+

Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.

Analysis

The most recent figure for share of adults with an account at a financial institution in Panama is 64.1%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 42.5% on the previous year and up 46.8% over ten years.

Over the whole period, share of adults with an account at a financial institution in Panama peaked at 64.1% in 2024 and was at its lowest, 24.9%, in 2011.

That places Panama 72nd out of 115 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 38.4% 24.9% 46.5% 3
2020s 54.5% 45.0% 64.1% 2

Countries ranked near Panama

  1. 69 Gabon 68.2% compare
  2. 70 Dominican Republic 64.8% compare
  3. 71 Ecuador 64.5% compare
  4. 73 Nigeria 63.3% compare
  5. 74 Botswana 61.4% compare
  6. 75 Cameroon 60.9% compare

See the full ranking of 115 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is share of adults with an account at a financial institution in Panama?
Share of adults with an account at a financial institution in Panama was 64.1% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
What is the highest share of adults with an account at a financial institution recorded in Panama?
The highest recorded value was 64.1% in 2024.
What is the lowest share of adults with an account at a financial institution recorded in Panama?
The lowest recorded value was 24.9% in 2011.
How does Panama rank for share of adults with an account at a financial institution?
Panama ranks 72nd out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in Panama?
Over the last ten years it is up 46.8%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Global Findex Database - World Bank (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.