Bank or similar financial institution account, young in Panama

Panama: Bank or similar financial institution account, young was 51.7% in 2024. ▲ Rising

Latest (2024)
51.7%
Change on year
up 27.8%
World rank
65th
of 106 countries
All-time high
51.7%
in 2024
All-time low
15.4%
in 2011
Years of data
5
2011–2024

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

203040502011201720242011: 15.4 % ages 15-242014: 30.4 % ages 15-242017: 35.3 % ages 15-242021: 40.4 % ages 15-242024: 51.7 % ages 15-24

Source: World Bank. Measured in % ages 15-24.

Analysis

The most recent figure for bank or similar financial institution account, young in Panama is 51.7%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 27.8% on the previous year and up 69.9% over ten years.

Over the whole period, bank or similar financial institution account, young in Panama peaked at 51.7% in 2024 and was at its lowest, 15.4%, in 2011.

Panama ranks 65th of 106 countries on this measure, in the middle of the range.

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

Annual values for Bank or similar financial institution account, young (% ages 15-24) in Panama, 2011 to 2024.
Year % ages 15-24 Change
2011 15.4%
2014 30.4% +97.3%
2017 35.3% +16.1%
2021 40.4% +14.5%
2024 51.7% +27.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 27.0% 15.4% 35.3% 3
2020s 46.0% 40.4% 51.7% 2

Countries ranked near Panama

  1. 62 North Macedonia 57.4% compare
  2. 63 Italy 57.4% compare
  3. 64 Croatia 55.2% compare
  4. 66 Indonesia 50.5% compare
  5. 67 Bolivia, Plurinational State of 47.6% compare
  6. 68 Colombia 45.9% 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, young in Panama?
Bank or similar financial institution account, young in Panama was 51.7% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, young recorded in Panama?
The highest recorded value was 51.7% in 2024.
What is the lowest bank or similar financial institution account, young recorded in Panama?
The lowest recorded value was 15.4% in 2011.
How does Panama rank for bank or similar financial institution account, young?
Panama ranks 65th out of 106 countries with data for 2024.
Is bank or similar financial institution account, young rising or falling in Panama?
Over the last ten years it is up 69.9%. 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, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, young in Panama. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/panama/

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About this data

Indicator
Bank or similar financial institution account, young (% ages 15-24)
Unit
% ages 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed