Account, primary education or less in Panama

Panama: Account, primary education or less was 41.9% in 2024. ▲ Rising

Latest (2024)
41.9%
Change on year
up 34.2%
World rank
80th
of 106 countries
All-time high
41.9%
in 2024
All-time low
15.3%
in 2011
Years of data
5
2011–2024

Account, primary education or less in Panama, 2011–2024

0102030402011201720242011: 15.3 % ages 15+2014: 23.2 % ages 15+2017: 38 % ages 15+2021: 31.2 % ages 15+2024: 41.9 % ages 15+

Source: Global Findex database. Measured in % ages 15+.

Analysis

In 2024, account, primary education or less in Panama stood at 41.9%. That is the highest value across all 5 years on record.

The figure is up 34.2% on the previous year and up 80.4% over ten years.

Over the whole period, account, primary education or less in Panama peaked at 41.9% in 2024 and was at its lowest, 15.3%, in 2011.

Panama ranks 80th of 106 countries on this measure, in the bottom quarter.

Account, primary education or less in Panama, year by year

Annual values for Account, primary education or less (% ages 15+) in Panama, 2011 to 2024.
Year % ages 15+ Change
2011 15.3%
2014 23.2% +51.4%
2017 38.0% +63.8%
2021 31.2% -17.9%
2024 41.9% +34.2%

Panama compared with similar countries

  • Panama's 41.9% is below the median for high income countries, which is 87.7%, 48% of the median. (42 countries reporting)
  • Panama's 41.9% is above the median for Latin America & Caribbean, which is 41.9%, 1.0× the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 25.5% 15.3% 38.0% 3
2020s 36.6% 31.2% 41.9% 2

Countries ranked near Panama

  1. 77 Cameroon 44.6% compare
  2. 78 Malawi 43.3% compare
  3. 79 Nigeria 42.2% compare
  4. 81 Congo 41.5% compare
  5. 82 Romania 41.0% compare
  6. 83 Azerbaijan 40.0% compare

See the full ranking of 118 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is account, primary education or less in Panama?
Account, primary education or less in Panama was 41.9% in 2024, according to Global Findex database.
What is the highest account, primary education or less recorded in Panama?
The highest recorded value was 41.9% in 2024.
What is the lowest account, primary education or less recorded in Panama?
The lowest recorded value was 15.3% in 2011.
How does Panama rank for account, primary education or less?
Panama ranks 80th out of 106 countries with data for 2024.
Is account, primary education or less rising or falling in Panama?
Over the last ten years it is up 80.4%. 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, primary education or less (% ages 15+). Statizoid updates them automatically from the source API.

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Account, primary education or less in Panama. Statizoid, drawing on Global Findex database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-primary-education-or-less-percent-ages-15/panama/

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About this data

Indicator
Account, primary education or less (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 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 type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), primary education or less (% ages 15+)