Panama's automated teller machines (ATMs) (per 100,000 adults) was 72.54 in 2024, the latest year in the World Bank's World Development Indicators. That is up 17.83% from 61.56 in 2014 (1.65% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 72.54 | 2024 |
| Five years earlier | 73.82 | 2019 |
| Ten years earlier | 61.56 | 2014 |
| Highest | 73.82 | 2019 |
| Lowest | 32.97 | 2007 |
| Average since 2015 | 71.49 | 2015–2024 |
| First recorded | 32.97 | 2007 |
What the numbers say
In 2024, Panama's automated teller machines (ATMs) (per 100,000 adults) rose 0.32 on 2023 (from 72.21 to 72.54).
Across the 16 yearly changes before that (2008 to 2023), the average change was +2.45 and a typical year strayed about 2.58 from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 6.33 in 2015 and the biggest yearly fall was 0.95 in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 0.47 a year. A straight line explains 56% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Panama had the 30th highest value of the 149 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Panama | 72.54 | 2024 |
| World | 41.91 | 2024 |
| Latin America & Caribbean | 47.16 | 2024 |
| High income | 63.26 | 2024 |
Closest to Panama in the 2024 ranking
- United Kingdom — 27th of 149: 77.74
- Seychelles — 28th of 149: 76.18
- Argentina — 29th of 149: 74.31
- Luxembourg — 31st of 149: 72.18
- Slovak Republic — 32nd of 149: 71.75
- Armenia — 33rd of 149: 71.47
What this measures
Automated teller machines (ATMs) are electromechanical devices which enable customers of financial institutions to perform financial transactions such as cash withdrawals, balance inquiries, deposits, transfer of funds, and obtaining account information, using an electronic card.
Limitations: Population-based ratios of the number of branches and ATMs assume a uniform distribution of bank outlets within a country's area and across its population, while in most countries bank branches and ATMs are concentrated in urban centers of the country and are accessible only to some individuals.
Regional and income-group figures are computed by the World Bank as a median.
All 18 values
| Year | Automated teller machines (ATMs) (per 100,000 adults) |
|---|---|
| 2024 | 72.54 |
| 2023 | 72.21 |
| 2022 | 72.18 |
| 2021 | 73.12 |
| 2020 | 72.94 |
| 2019 | 73.82 |
| 2018 | 70.11 |
| 2017 | 70.64 |
| 2016 | 69.43 |
| 2015 | 67.89 |
| 2014 |
Automated teller machines (ATMs) (per 100,000 adults) in nearby economies
- Antigua and Barbuda — 58.38 (2024)
- Argentina — 74.31 (2024)
- Aruba — 111.74 (2024)
- Bahamas, The — 120.83 (2024)
- Barbados — 37.22 (2024)
- Belize — 45.39 (2024)
- Bolivia — 42.04 (2024)
- Brazil — 89.9 (2024)
- Chile — 47.16 (2024)
- Colombia
More financial sector data for Panama
- Domestic credit to private sector by banks (% of GDP) — 66.84% (2025)
- Net domestic credit (current LCU) — 66.25 billion (2025)
- Net foreign assets (current LCU) — 8.29 billion (2025)
- Monetary sector credit to private sector (% of GDP) — 73.56% (2025)
- Consumer price index (2010 = 100) — 128.14 (2025)
- Inflation, consumer prices (annual % growth) — -0.19% (2025)
- Claims on central government, etc. (% of GDP) — -1.17% (2025)
- GDP deflator (base year varies by country) — 106.74 (2025)
- DEC alternative conversion factor (LCU per US$) — US$1 (2025)
- Official exchange rate (LCU per US$, period average)
Reading data like this
Questions people ask
- What is Panama's automated teller machines (ATMs) (per 100,000 adults)?
- 72.54 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is up 120.01% from 32.97 in 2007 (4.75% a year on average, compounded). The highest value was 73.82 in 2019 and the lowest 32.97 in 2007.
- How does Panama rank?
- 30th highest of 149 economies with data for 2024.
- Is the latest change in automated teller machines (ATMs) (per 100,000 adults) unusual for Panama?
- In 2024, Panama's automated teller machines (ATMs) (per 100,000 adults) rose 0.32 on 2023 (from 72.21 to 72.54). Across the 16 yearly changes before that (2008 to 2023), the average change was +2.45 and a typical year strayed about 2.58 from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FB.ATM.TOTL.P5, licensed CC BY 4.0. Original source: Financial Access Survey, International Monetary Fund (IMF), uri: https://data.imf.org/?sk=E5DCAB7E-A5CA-4892-A6EA-598B5463A34C Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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