Bank or similar financial institution account, poorest 40% in Panama

Panama: Bank or similar financial institution account, poorest 40% was 41.2% in 2024. ▲ Rising

Latest (2024)
41.2%
Change on year
up 27.0%
World rank
72nd
of 102 countries
All-time high
41.2%
in 2024
All-time low
18.0%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Panama, 2011–2024

0102030402011201720242011: 18 % age 15+2014: 31.5 % age 15+2017: 32.5 % age 15+2021: 32.4 % age 15+2024: 41.2 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account, poorest 40% in Panama is 41.2%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 27.0% on the previous year and up 30.8% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Panama peaked at 41.2% in 2024 and was at its lowest, 18.0%, in 2011.

Panama ranks 72nd of 102 countries on this measure, in the middle of the range.

Bank or similar financial institution account, poorest 40% in Panama, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Panama, 2011 to 2024.
Year % age 15+ Change
2011 18.0%
2014 31.5% +74.6%
2017 32.5% +3.2%
2021 32.4% -0.2%
2024 41.2% +27.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 27.3% 18.0% 32.5% 3
2020s 36.8% 32.4% 41.2% 2

Countries ranked near Panama

  1. 69 Republic of Moldova 43.5% compare
  2. 70 Bolivia, Plurinational State of 42.0% compare
  3. 71 Nigeria 41.7% compare
  4. 73 Azerbaijan 41.2% compare
  5. 74 Mexico 39.4% compare
  6. 75 Peru 35.6% compare

See the full ranking of 114 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Panama?
Bank or similar financial institution account, poorest 40% in Panama was 41.2% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Panama?
The highest recorded value was 41.2% in 2024.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Panama?
The lowest recorded value was 18.0% in 2011.
How does Panama rank for bank or similar financial institution account, poorest 40%?
Panama ranks 72nd out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Panama?
Over the last ten years it is up 30.8%. 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, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Panama. Statizoid. Retrieved 09 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/panama/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed