Number of commercial bank branches per 100,000 adults in Panama
Panama: Number of commercial bank branches per 100,000 adults was 17.72 per 100,000 people in 2024. ▼ Falling
Number of commercial bank branches per 100,000 adults in Panama, 2007–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in per 100,000 people.
Analysis
The most recent figure for number of commercial bank branches per 100,000 adults in Panama is 17.72 per 100,000 people, measured in 2024. That is the lowest value across all 18 years on record.
Compared with earlier readings it is down 4.0% on the previous year and down 26.3% over ten years.
Over the whole period, number of commercial bank branches per 100,000 adults in Panama peaked at 24.04 per 100,000 people in 2014 and was at its lowest, 17.72 per 100,000 people, in 2024.
That places Panama 52nd out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Number of commercial bank branches per 100,000 adults in Panama, year by year
| Year | per 100,000 people | Change |
|---|---|---|
| 2007 | 21.58 per 100,000 people | — |
| 2008 | 22.61 per 100,000 people | +4.8% |
| 2009 | 22.47 per 100,000 people | -0.6% |
| 2010 | 22.81 per 100,000 people | +1.5% |
| 2011 | 22.74 per 100,000 people | -0.3% |
| 2012 | 22.34 per 100,000 people | -1.8% |
| 2013 | 23.67 per 100,000 people | +5.9% |
| 2014 | 24.04 per 100,000 people | +1.6% |
| 2015 | 23.68 per 100,000 people | -1.5% |
| 2016 | 23.43 per 100,000 people | -1.1% |
| 2017 | 22.27 per 100,000 people | -4.9% |
| 2018 | 21.72 per 100,000 people | -2.5% |
| 2019 | 20.24 per 100,000 people | -6.8% |
| 2020 | 19.9 per 100,000 people | -1.7% |
| 2021 | 19.57 per 100,000 people | -1.7% |
| 2022 | 19.05 per 100,000 people | -2.7% |
| 2023 | 18.46 per 100,000 people | -3.1% |
| 2024 | 17.72 per 100,000 people | -4.0% |
Panama compared with similar countries
- Panama's 17.72 per 100,000 people is above the median for high income countries, which is 15.76 per 100,000 people, 1.1× the median. (59 countries reporting)
- Panama's 17.72 per 100,000 people is above the median for Latin America & Caribbean, which is 11.82 per 100,000 people, 1.5× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.22 per 100,000 people | 21.58 per 100,000 people | 22.61 per 100,000 people | 3 |
| 2010s | 22.69 per 100,000 people | 20.24 per 100,000 people | 24.04 per 100,000 people | 10 |
| 2020s | 18.94 per 100,000 people | 17.72 per 100,000 people | 19.9 per 100,000 people | 5 |
Countries ranked near Panama
- 49 Belgium 18.39 per 100,000 people compare
- 50 Canada 18.04 per 100,000 people compare
- 51 Albania 17.98 per 100,000 people compare
- 53 Saint Vincent and the Grenadines 17.68 per 100,000 people compare
- 54 Sri Lanka 17.33 per 100,000 people compare
- 55 Antigua and Barbuda 16.87 per 100,000 people compare
More development goals data for Panama
- Red List Index 0.7539 index (2025)
- Number of refugees per 100,000 population, by country of origin 7.39 per 100,000 people (2025)
- Manufacturing value added per capita 860.74 constant US$ (2025)
- Number of transboundary breeds 45 (2025)
- Number of transboundary breeds (not extinct) 45 (2025)
- Number of transboundary breeds with unknown risk status 1 (2025)
- Number of local breeds with unknown risk status 2 (2025)
- Number of local breeds (not extinct) 9 (2025)
- Number of local breeds kept in the country 9 (2025)
- Infant deaths 855 (2024)
Frequently asked questions
- What is number of commercial bank branches per 100,000 adults in Panama?
- Number of commercial bank branches per 100,000 adults in Panama was 17.72 per 100,000 people in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest number of commercial bank branches per 100,000 adults recorded in Panama?
- The highest recorded value was 24.04 per 100,000 people in 2014.
- What is the lowest number of commercial bank branches per 100,000 adults recorded in Panama?
- The lowest recorded value was 17.72 per 100,000 people in 2024.
- How does Panama rank for number of commercial bank branches per 100,000 adults?
- Panama ranks 52nd out of 194 countries with data for 2024.
- Is number of commercial bank branches per 100,000 adults rising or falling in Panama?
- Over the last ten years it is down 26.3%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Number of commercial bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under UN SDG Global Database (open, attribution requested).