Saved at a financial institution or using a mobile money account in Panama
Panama: Saved at a financial institution or using a mobile money account was 32.9% in 2024. ▲ Rising
Saved at a financial institution or using a mobile money account in Panama, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
The most recent figure for saved at a financial institution or using a mobile money account in Panama is 32.9%, measured in 2024. That is the highest value across all 5 years on record.
The figure is up 117.8% on the previous year and up 61.6% over ten years.
Over the whole period, saved at a financial institution or using a mobile money account in Panama peaked at 32.9% in 2024 and was at its lowest, 12.5%, in 2011.
That places Panama 24th out of 82 countries with data for 2024, putting it in the middle of the range.
Saved at a financial institution or using a mobile money account in Panama, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 12.5% | — |
| 2014 | 20.4% | +63.4% |
| 2017 | 14.5% | -29.0% |
| 2021 | 15.1% | +4.5% |
| 2024 | 32.9% | +117.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.8% | 12.5% | 20.4% | 3 |
| 2020s | 24.0% | 15.1% | 32.9% | 2 |
Countries ranked near Panama
- 21 Argentina 35.8% compare
- 22 Costa Rica 34.9% compare
- 23 Burkina Faso 32.9% compare
- 25 North Macedonia 32.4% compare
- 26 Togo 32.1% compare
- 27 Mauritius 31.9% compare
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
Frequently asked questions
- What is saved at a financial institution or using a mobile money account in Panama?
- Saved at a financial institution or using a mobile money account in Panama was 32.9% in 2024, according to Global Findex Database.
- What is the highest saved at a financial institution or using a mobile money account recorded in Panama?
- The highest recorded value was 32.9% in 2024.
- What is the lowest saved at a financial institution or using a mobile money account recorded in Panama?
- The lowest recorded value was 12.5% in 2011.
- How does Panama rank for saved at a financial institution or using a mobile money account?
- Panama ranks 24th out of 82 countries with data for 2024.
- Is saved at a financial institution or using a mobile money account rising or falling in Panama?
- Over the last ten years it is up 61.6%. 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 financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution or using a mobile money account to save in the past year, (% age 15+)