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Bank branches — all countries

Bank branches — Panama

Bank branches in Panama in 2024 — 17.72 per 100k. Ranked 46 in the world out of 153. Since 2007, the indicator has fallen by 17.9%.

2024 17.72 per 100k −4% vs 2023
World rank 46of 153
Period maximum 24.04 per 100k2014
Period minimum 17.72 per 100k2024

Trend over time

2007–2024 · per 100,000 adults

Bank branches — Panama, 2007–202416182022242620072009201120132015201720192021202320242007: 21.58 per 100k2008: 22.61 per 100k2009: 22.47 per 100k2010: 22.81 per 100k2011: 22.74 per 100k2012: 22.34 per 100k2013: 23.67 per 100k2014: 24.04 per 100k2015: 23.68 per 100k2016: 23.43 per 100k2017: 22.27 per 100k2018: 21.72 per 100k2019: 20.24 per 100k2020: 19.9 per 100k2021: 19.57 per 100k2022: 19.05 per 100k2023: 18.46 per 100k2024: 17.72 per 100k
Change over the period: −3.86 (−17.87%) Average annual rate: -1.15 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Panama

Panama 17.72 per 100k
World 11.12 per 100k
Latin America & Caribbean 11.58 per 100k
Central America computed 13.38 per 100k
Bank branches — Panama, by year Panama All countries CSV XLSX
Year per 100k Change Change, %
2024 17.72 −0.74 −4%
2023 18.46 −0.59 −3.08%
2022 19.05 −0.53 −2.69%
2021 19.57 −0.33 −1.66%
2020 19.9 −0.34 −1.68%
2019 20.24 −1.47 −6.78%
2018 21.72 −0.56 −2.5%
2017 22.27 −1.16 −4.94%
2016 23.43 −0.25 −1.06%
2015 23.68 −0.36 −1.49%
2014 24.04 +0.37 +1.56%
2013 23.67 +1.33 +5.94%
2012 22.34 −0.4 −1.77%
2011 22.74 −0.06 −0.28%
2010 22.81 +0.34 +1.49%
2009 22.47 −0.13 −0.59%
2008 22.61 +1.03 +4.77%
2007 21.58 — —

Central America, 2024

The same indicator for neighboring countries — with links to their pages

GT Guatemala 21.94 PA Panama 17.72 HN Honduras 15.99 CR Costa Rica 15.1 BZ Belize 14.37 MX Mexico 12.04 SV El Salvador 11.58 NI Nicaragua 9.38
Full table for all countries

About the indicator

The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.

Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Panama

Finance Credit to the private sector

The volume of bank lending to businesses and households as a percent of GDP.

Panama by year Finance Bank capital to assets ratio

A measure of the soundness of a banking system: how much capital of its own a bank holds per dollar of assets.

Panama by year Business Stock market capitalization in US dollars

What all of a country's companies traded on its exchange are worth.

Panama by year Internet Mobile cellular subscriptions

The number of mobile subscriptions per 100 people — often more than 100.

Panama by year
All indicators for Panama