Bank or similar financial institution account, older in Panama

Panama: Bank or similar financial institution account, older was 63.4% in 2024. ▲ Rising

Latest (2024)
63.4%
Change on year
up 36.7%
World rank
71st
of 106 countries
All-time high
63.4%
in 2024
All-time low
28.0%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, older in Panama, 2011–2024

02040602011201720242011: 28 % age 25+2014: 47.5 % age 25+2017: 49.2 % age 25+2021: 46.3 % age 25+2024: 63.4 % age 25+

Source: World Bank. Measured in % age 25+.

Analysis

Panama recorded 63.4% for bank or similar financial institution account, older in 2024. That is the highest value across all 5 years on record.

That represents a change of up 36.7% on the previous year and up 33.5% over ten years.

Over the whole period, bank or similar financial institution account, older in Panama peaked at 63.4% in 2024 and was at its lowest, 28.0%, in 2011.

That places Panama 71st out of 106 countries with data for 2024, putting it in the middle of the range.

Bank or similar financial institution account, older in Panama, year by year

Annual values for Bank or similar financial institution account, older (% age 25+) in Panama, 2011 to 2024.
Year % age 25+ Change
2011 28.0%
2014 47.5% +69.6%
2017 49.2% +3.6%
2021 46.3% -5.8%
2024 63.4% +36.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 41.5% 28.0% 49.2% 3
2020s 54.9% 46.3% 63.4% 2

Countries ranked near Panama

  1. 68 Nepal 67.2% compare
  2. 69 Uzbekistan 66.8% compare
  3. 70 Ecuador 65.1% compare
  4. 72 Azerbaijan 61.7% compare
  5. 73 Bolivia, Plurinational State of 55.7% compare
  6. 74 Republic of Moldova 55.1% compare

See the full ranking of 118 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is bank or similar financial institution account, older in Panama?
Bank or similar financial institution account, older in Panama was 63.4% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, older recorded in Panama?
The highest recorded value was 63.4% in 2024.
What is the lowest bank or similar financial institution account, older recorded in Panama?
The lowest recorded value was 28.0% in 2011.
How does Panama rank for bank or similar financial institution account, older?
Panama ranks 71st out of 106 countries with data for 2024.
Is bank or similar financial institution account, older rising or falling in Panama?
Over the last ten years it is up 33.5%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, older (% age 25+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Bank or similar financial institution account, older in Panama. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-older-percent-age-25/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-older-percent-age-25/panama/">Bank or similar financial institution account, older in Panama</a> — Statizoid

About this data

Indicator
Bank or similar financial institution account, older (% age 25+)
Unit
% age 25+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed