Saved at a bank or similar financial institution in Panama

Panama: Saved at a bank or similar financial institution was 27.5% in 2024. ▲ Rising

Latest (2024)
27.5%
Change on year
up 81.8%
World rank
17th
of 80 countries
All-time high
27.5%
in 2024
All-time low
12.5%
in 2011
Years of data
5
2011–2024

Saved at a bank or similar financial institution in Panama, 2011–2024

01020302011201720242011: 12.5 % age 15+2014: 20.4 % age 15+2017: 14.5 % age 15+2021: 15.1 % age 15+2024: 27.5 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

The most recent figure for saved at a bank or similar financial institution in Panama is 27.5%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 81.8% on the previous year and up 34.9% over ten years.

Over the whole period, saved at a bank or similar financial institution in Panama peaked at 27.5% in 2024 and was at its lowest, 12.5%, in 2011.

Panama ranks 17th of 80 countries on this measure, in the top quarter.

Saved at a bank or similar financial institution in Panama, year by year

Annual values for Saved at a bank or similar financial institution (% age 15+) in Panama, 2011 to 2024.
Year % age 15+ Change
2011 12.5%
2014 20.4% +63.4%
2017 14.5% -29.0%
2021 15.1% +4.5%
2024 27.5% +81.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 15.8% 12.5% 20.4% 3
2020s 21.3% 15.1% 27.5% 2

Countries ranked near Panama

  1. 14 South Africa 32.0% compare
  2. 15 Mauritius 30.4% compare
  3. 16 Iran 28.0% compare
  4. 18 Turkey 27.4% compare
  5. 19 Kazakhstan 27.4% compare
  6. 20 Dominican Republic 27.3% compare

See the full ranking of 90 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is saved at a bank or similar financial institution in Panama?
Saved at a bank or similar financial institution in Panama was 27.5% in 2024, according to Global Findex Database.
What is the highest saved at a bank or similar financial institution recorded in Panama?
The highest recorded value was 27.5% in 2024.
What is the lowest saved at a bank or similar financial institution recorded in Panama?
The lowest recorded value was 12.5% in 2011.
How does Panama rank for saved at a bank or similar financial institution?
Panama ranks 17th out of 80 countries with data for 2024.
Is saved at a bank or similar financial institution rising or falling in Panama?
Over the last ten years it is up 34.9%. 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 Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a bank or similar financial institution in Panama. Statizoid, drawing on Global Findex Database. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/saved-at-a-bank-or-similar-financial-institution-percent-age-15/panama/

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About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)