Panama: Financial institutions development, access

* indicates monthly or quarterly data series
 Panama

Financial institutions development, access

 Latest value 0.548
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.300
 Min - Max 0.158 - 0.579
 Source International Monetary Fund
The latest value from 2021 is 0.548 index points, a decline from 0.553 index points in 2020. In comparison, the world average is 0.363 index points, based on data from 175 countries. Historically, the average for Panama from 1980 to 2021 is 0.3 index points. The minimum value, 0.158 index points, was reached in 1992 while the maximum of 0.579 index points was recorded in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Panama - Financial institutions development, access - Recent values chart

Historical series
Panama - Financial institutions development, access - historical chart - 1980-2021




Definition: Measures access to financial services as a principal component of the following two variables: Bank branches per 100,000 adults and ATMs per 100,000 adults. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest Reference Measure
 Financial development 0.465 2021 index points
 Financial institutions development 0.515 2021 index points
 Financial institutions development, depth 0.243 2021 index points
 Financial institutions development, access 0.548 2021 index points
 Financial institutions development, efficiency 0.641 2021 index points
 Financial markets development 0.397 2021 index points
 Financial markets development, depth 0.385 2021 index points
 Financial markets development, access 0.771 2021 index points
 Financial markets development, efficiency 0.019 2021 index points
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