Share of people (15+) who report having an account at a bank (by) in Panama

Panama: Share of people (15+) who report having an account at a bank (by) was 58.12 % in 2024. ▲ Rising

Latest (2024)
58.12 %
Change on year
up 34.8%
World rank
69th
of 97 countries
All-time high
58.12 %
in 2024
All-time low
23.31 %
in 2011
Years of data
5
2011–2024

Share of people (15+) who report having an account at a bank (by) in Panama, 2011–2024

02040602011201720242011: 23.3 %2014: 40.3 %2017: 42.3 %2021: 43.1 %2024: 58.1 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Panama recorded 58.12 % for share of people (15+) who report having an account at a bank (by) in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 34.8% on the previous year and up 44.1% over ten years.

Over the whole period, share of people (15+) who report having an account at a bank (by) in Panama peaked at 58.12 % in 2024 and was at its lowest, 23.31 %, in 2011.

Panama ranks 69th of 97 countries on this measure, in the middle of the range.

Share of people (15+) who report having an account at a bank (by) in Panama, year by year

Annual values for Share of people (15+) who report having an account at a bank (by themselves or with someone else) — Value — Female — All age ranges or no breakdown by age — National in Panama, 2011 to 2024.
Year % Change
2011 23.31 %
2014 40.33 % +73.0%
2017 42.34 % +5.0%
2021 43.11 % +1.8%
2024 58.12 % +34.8%

Panama compared with similar countries

  • Panama's 58.12 % is below the median for high income countries, which is 96.49 %, 60% of the median. (36 countries reporting)
  • Panama's 58.12 % is above the median for Latin America & Caribbean, which is 58.12 %, 1.0× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 35.33 % 23.31 % 42.34 % 3
2020s 50.61 % 43.11 % 58.12 % 2

Countries ranked near Panama

  1. 66 Uzbekistan 60.7 % compare
  2. 67 Nepal 59.78 % compare
  3. 68 Botswana 59.69 % compare
  4. 70 Indonesia 58.03 % compare
  5. 71 Philippines 57.1 % compare
  6. 72 Peru 56.18 % compare

See the full ranking of 105 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is share of people (15+) who report having an account at a bank (by) in Panama?
Share of people (15+) who report having an account at a bank (by) in Panama was 58.12 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest share of people (15+) who report having an account at a bank (by) recorded in Panama?
The highest recorded value was 58.12 % in 2024.
What is the lowest share of people (15+) who report having an account at a bank (by) recorded in Panama?
The lowest recorded value was 23.31 % in 2011.
How does Panama rank for share of people (15+) who report having an account at a bank (by)?
Panama ranks 69th out of 97 countries with data for 2024.
Is share of people (15+) who report having an account at a bank (by) rising or falling in Panama?
Over the last ten years it is up 44.1%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Share of people (15+) who report having an account at a bank (by themselves or with someone else) — Value — Female — All age ranges or no breakdown by age — National. Statizoid updates them automatically from the source API.

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Share of people (15+) who report having an account at a bank (by) in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/share-of-people-15-who-report-having-an-account-at-a-bank-by-themselves-or-with-someone-2/panama/

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About this data

Indicator
Share of people (15+) who report having an account at a bank (by themselves or with someone else) — Value — Female — All age ranges or no breakdown by age — National
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
105 places, 525 data points, 2011–2024
Last refreshed

The Suite of Gender Indicators presents a set of indicators relevant to agrifood systems that are disaggregated by sex, with the aim of highlighting gender differences across agrifood systems. The initial set of indicators is based on those used in FAO’s 2023 Status of Women in Agrifood Systems (SWAFS) report and on the recommendations of an expert consultation held in December 2023, and covers key dimensions including economic participation, governance, agency, social norms, assets and services, education, health, and nutrition. Indicator selection was informed by expert judgment and by the availability of data with sufficient geographic and temporal coverage to enable meaningful comparisons across regions and over time. While most indicators are produced and published by FAO and other international organizations, the objective of this domain is to provide a one-stop shop for sex-disaggregated data on agrifood systems.