Wage Payments into Accounts Statistics in Panama (2026)
According to World Bank Global Findex data, 22.7% of adults in Panama received wage payments into an account in 2024. Up from 12.8% in 2021 to 22.7% in 2024 (+9.8 percentage points). Panama ranks #8 of 20 economies in Latin America & Caribbean on this measure, and #72 of 140 globally.
Key Statistics
- Latest value (2024)
- 22.7% (2024)
- Wage Payments into Accounts in Panama as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +9.8 pp (2024)
- Up from 12.8% in 2021 to 22.7% in 2024 (+9.8 percentage points).
- Earliest value in this dataset (2014)
- 15.3% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 15.3% in 2014 to 22.7% in 2024.
- Record high (2024)
- 22.7% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Panama.
- Rank in Latin America & Caribbean
- #8 of 20 (2024)
- Panama ranks 8 of 20 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #72 of 140 (2024)
- Panama ranks 72 of 140 countries with data globally.
- Latin America & Caribbean average
- 20.1% (2024)
- Panama (22.7%) is above the average of 20.1% across the 20 countries in Latin America & Caribbean with data.
- Among women (2024)
- 18.6% (2024)
- Value for women in Panama, same 2024 World Bank Global Findex data.
- Among men (2024)
- 26.9% (2024)
- Value for men in Panama, same 2024 World Bank Global Findex data.
- Gender gap (women minus men)
- −8.3 pp (2024)
- In 2024, the figure was 18.6% for women and 26.9% for men — 8.3 percentage points lower among women.
- 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 | 22.7% | +9.8 pp |
| 2021 | 12.8% | −0.4 pp |
| 2017 | 13.2% | −2.0 pp |
| 2014 | 15.3% | — |
Frequently asked questions
What share of adults in Panama received wage payments into an account?
22.7% of adults in Panama received wage payments into an account in 2024, according to World Bank Global Findex data.
Where does the wage payments into accounts data for Panama come from?
The data comes from the World Bank Global Findex (indicator fin32.acc). The latest observation for Panama is from 2024; the snapshot was retrieved on 2026-06-10.
How has wage payments into accounts in Panama changed over time?
World Bank Global Findex data show a rise from 15.3% in 2014 to 22.7% in 2024.
Source & methodology
Source: World Bank Global Findex, indicator
fin32.acc, 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 .