Panama: Percent people with credit cards
* indicates monthly or quarterly data series
| Panama |
Percent of people aged 15+ who have a credit card |
|---|---|
| Latest value | 7.20 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2011 - 2021 |
| Average | 8.92 |
| Min - Max | 7.20 - 10.70 |
| Source | The World Bank |
The latest value from 2021 is 7.2 percent, a decline from 8 percent in 2017. In comparison, the world average is 22.26 percent, based on data from 121 countries. Historically, the average for Panama from 2011 to 2021 is 8.92 percent. The minimum value, 7.2 percent, was reached in 2021 while the maximum of 10.7 percent was recorded in 2011.
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* indicates monthly or quarterly data series
Recent data
Definition: The percentage of respondents with a credit card (% age 15+). The data are from the World bank Global Financial Inclusion survey.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 72.71 | 2021 | ATMs per 100,000 adults |
| Bank branches per 100,000 people | 19.46 | 2021 | bank branches |
| Firms using credit to finance investment | 1.20 | 2010 | percent |
| Small firms with bank credit | 18.70 | 2010 | percent |
| Percent people with credit cards | 7.20 | 2021 | percent |
| Percent people with debit cards | 31.53 | 2021 | percent |
| Domestic credit to the private sector | 105.87 | 2020 | percent |
| Bank credit to the private sector | 68.31 | 2023 | percent |
| Liquid liabilities, percent of GDP | 83.53 | 2020 | percent |
| Bank assets to GDP | 88.90 | 2021 | percent |
| Financial system deposits, percent of GDP | 57.37 | 2021 | percent |
| Bank credit to government | 6.38 | 2020 | percent |
| Banking system concentration | 43.77 | 2021 | percent |
| Foreign bank assets | 67.00 | 2012 | percent of total bank assets |
| Percent people with bank accounts | 44.97 | 2021 | percent |