Digital Payment Adoption Statistics in Panama (2026)
As of the 2024 data, 52.1% of adults in Panama made or received a digital payment, per World Bank Global Findex. Up from 36.4% in 2021 to 52.1% in 2024 (+15.6 percentage points). Panama ranks #9 of 20 economies in Latin America & Caribbean on this measure, and #86 of 142 globally.
Key Statistics
- Latest value (2024)
- 52.1% (2024)
- Digital Payment Adoption in Panama as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +15.6 pp (2024)
- Up from 36.4% in 2021 to 52.1% in 2024 (+15.6 percentage points).
- Earliest value in this dataset (2014)
- 33.1% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 33.1% in 2014 to 52.1% in 2024.
- Record high (2024)
- 52.1% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Panama.
- Rank in Latin America & Caribbean
- #9 of 20 (2024)
- Panama ranks 9 of 20 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #86 of 142 (2024)
- Panama ranks 86 of 142 countries with data globally.
- Latin America & Caribbean average
- 51.2% (2024)
- Panama (52.1%) is above the average of 51.2% across the 20 countries in Latin America & Caribbean with data.
- Among women (2024)
- 48.7% (2024)
- Value for women in Panama, same 2024 World Bank Global Findex data.
- Among men (2024)
- 55.6% (2024)
- Value for men in Panama, same 2024 World Bank Global Findex data.
- Gender gap (women minus men)
- −6.9 pp (2024)
- In 2024, the figure was 48.7% for women and 55.6% for men — 6.9 percentage points lower among women.
- In rural areas (2024)
- 42.3% (2024)
- Value for rural residents of Panama in 2024.
- Rural gap vs national
- −9.8 pp (2024)
- Rural residents (42.3%) are 9.8 percentage points below the national figure (52.1%).
- Among the poorest 40% (2024)
- 31.8% (2024)
- Value for adults in the poorest 40% of households in Panama in 2024.
- Poorest-40% gap vs national
- −20.3 pp (2024)
- The poorest 40% (31.8%) are 20.3 percentage points below the national figure (52.1%).
- Made a digital payment (% age 15+) (2024)
- 44.4% (2024)
- Related indicator from World Bank Global Findex.
- Received digital payments (% age 15+) (2024)
- 33.6% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in Panama (2024)
- 72.8% (2024)
- 72.8% of the population in Panama used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 4.5 million (2024)
- Panama had a population of 4.5 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 52.1% | +15.6 pp |
| 2021 | 36.4% | +1.4 pp |
| 2017 | 35% | +1.9 pp |
| 2014 | 33.1% | — |
Frequently asked questions
What share of adults in Panama made or received a digital payment?
52.1% of adults in Panama made or received a digital payment in 2024, according to World Bank Global Findex data.
Where does Panama rank globally on digital payment adoption?
Panama ranks 86 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
Is there a gender gap in digital payment adoption in Panama?
Yes — in 2024 the figure was 48.7% for women and 55.6% for men, a gap of 6.9 percentage points in favor of men.
Source & methodology
Source: World Bank Global Findex, indicator
g20.any, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .