Number of commercial bank branches per 100,000 adults in Panama

Panama: Number of commercial bank branches per 100,000 adults was 17.72 in 2024. ▼ Falling

Latest (2024)
17.72
Change on year
down 4.0%
World rank
44th
of 167 countries
All-time high
24.04
in 2014
All-time low
17.72
in 2024
Years of data
18
2007–2024

Number of commercial bank branches per 100,000 adults in Panama, 2007–2024

05101520252007201520242007: 21.62008: 22.62009: 22.52010: 22.82011: 22.72012: 22.32013: 23.72014: 242015: 23.72016: 23.42017: 22.32018: 21.72019: 20.22020: 19.92021: 19.62022: 192023: 18.52024: 17.7

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for number of commercial bank branches per 100,000 adults in Panama is 17.72, 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 in 2014 and was at its lowest, 17.72, in 2024.

That places Panama 44th out of 167 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

Annual values for Number of commercial bank branches per 100,000 adults in Panama, 2007 to 2024.
Year Value Change
2007 21.58
2008 22.61 +4.8%
2009 22.47 -0.6%
2010 22.81 +1.5%
2011 22.74 -0.3%
2012 22.34 -1.8%
2013 23.67 +5.9%
2014 24.04 +1.6%
2015 23.68 -1.5%
2016 23.43 -1.1%
2017 22.27 -4.9%
2018 21.72 -2.5%
2019 20.24 -6.8%
2020 19.9 -1.7%
2021 19.57 -1.7%
2022 19.05 -2.7%
2023 18.46 -3.1%
2024 17.72 -4.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.22 21.58 22.61 3
2010s 22.69 20.24 24.04 10
2020s 18.94 17.72 19.9 5

Countries ranked near Panama

  1. 41 Belgium 18.39 compare
  2. 42 Canada 18.04 compare
  3. 43 Albania 17.98 compare
  4. 45 Saint Vincent and the Grenadines 17.68 compare
  5. 46 Sri Lanka 17.33 compare
  6. 47 Antigua and Barbuda 16.87 compare

See the full ranking of 196 places →

More development goals data for Panama

All data for Panama →

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 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 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 in 2024.
How does Panama rank for number of commercial bank branches per 100,000 adults?
Panama ranks 44th out of 167 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.

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Number of commercial bank branches per 100,000 adults in Panama. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 01 September 2026, from https://development-goals.statizoid.com/stat/number-of-commercial-bank-branches-per-100-000-adults/panama/

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About this data

Indicator
Number of commercial bank branches per 100,000 adults
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
196 places, 3,704 data points, 2004–2024
Last refreshed