Account in Panama

Panama: Account was 64.1% in 2024. ▲ Rising

Latest (2024)
64.1%
Change on year
up 42.5%
World rank
75th
of 118 countries
All-time high
64.1%
in 2024
All-time low
24.9%
in 2011
Years of data
5
2011–2024

Account 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. Measured in % age 15+.

Analysis

In 2024, account in Panama stood at 64.1%. 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, account in Panama peaked at 64.1% in 2024 and was at its lowest, 24.9%, in 2011.

Panama ranks 75th of 118 countries on this measure, in the middle of the range.

Account in Panama, year by year

Annual values for Account (% age 15+) in Panama, 2011 to 2024.
Year % age 15+ Change
2011 24.9%
2014 43.7% +75.2%
2017 46.5% +6.5%
2021 45.0% -3.3%
2024 64.1% +42.5%

Panama compared with similar countries

  • Panama's 64.1% is below the median for high income countries, which is 97.0%, 66% of the median. (42 countries reporting)
  • Panama's 64.1% is above the median for Latin America & Caribbean, which is 64.1%, 1.0× the median. (17 countries reporting)

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. 72 Ecuador 64.5% compare
  2. 73 Kosovo 64.2% compare
  3. 73 Kosovo (UNSCR 1244) 64.2% compare
  4. 76 Nigeria 63.3% compare
  5. 77 Botswana 61.4% compare
  6. 78 Cameroon 60.9% compare

See the full ranking of 130 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is account in Panama?
Account in Panama was 64.1% in 2024, according to Global Findex Database.
What is the highest account recorded in Panama?
The highest recorded value was 64.1% in 2024.
What is the lowest account recorded in Panama?
The lowest recorded value was 24.9% in 2011.
How does Panama rank for account?
Panama ranks 75th out of 118 countries with data for 2024.
Is account 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, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.

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Account in Panama. Statizoid, drawing on Global Findex Database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-percent-age-15/panama/

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About this data

Indicator
Account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
130 places, 650 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 similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)