KPI |
2023 - Panama |
Weight |
Best |
Worst |
Aspirational value |
Current Value |
Access Rank 77 / Score 0.32 |
Traditional infrastructure
Rank 45 / Score 0.19 |
Number of ATMs per 1000 Km² |
Initial Value: 1
|
3660.09 |
0.06 |
Worst: Central African Republic 0.06 Best: Singapore 3660.09
0.86% |
31.61Value: 31.6115
|
Number of ATMs per 100000 adults |
Initial Value: 1
|
276.29 |
0.36 |
Worst: Sierra Leone 0.36 Best: Uruguay 276.29
26.22% |
72.71Value: 72.7133
|
Number of commercial bank branches 100000 adults |
Initial Value: 1
|
72.07 |
0.39 |
Worst: Ukraine 0.39 Best: Bolivia 72.07
26.61% |
19.46Value: 19.4624
|
Number of commercial bank branches per 1000 km² |
Initial Value: 1
|
1218.10 |
0.03 |
Worst: Central African Republic 0.03 Best: China 1218.10
0.69% |
8.46Value: 8.46112
|
Digital infrastructure
Rank 74 / Score 0.54 |
Own a mobile phone (% age 15+) |
Initial Value: 1
|
1.00 |
0.55 |
Worst: Mozambique 0.55 Best: China 1.00
54.74% |
0.8Value: 0.796308
|
E-Finance content |
Initial Value: 1
|
2.00 |
1.00 |
Worst: Bangladesh 1.00 Best: Algeria 2.00
100% |
2Value: 2
|
Has access to the internet (% age 15+) |
Initial Value: 1
|
1.00 |
0.16 |
Worst: Afghanistan 0.16 Best: Denmark 1.00
48.91% |
0.57Value: 0.570844
|
Household with a computer (%) |
Initial Value: 1
|
0.99 |
0.02 |
Worst: Uganda 0.02 Best: Saudi Arabia 0.99
36.08% |
0.37Value: 0.37
|
Governemnt initiative to make wifi available |
Initial Value: 1
|
2.00 |
0.00 |
Worst: Benin 0.00 Best: Argentina 2.00
100% |
2Value: 2
|
International Internet bandwidth (bits per second per Internet user) |
Initial Value: 1
|
8267910.00 |
1432.50 |
Worst: Liberia 1432.50 Best: Luxembourg 8267910.00
0.98% |
82667.7Value: 82667.7
|
Propotion of individual using the internet for internet banking |
Initial Value: 1
|
0.96 |
0.00 |
Worst: El Salvador 0.00 Best: Denmark 0.96
10.42% |
0.1Value: 0.1
|
Active mobile broadband subscription per 100 inhabitants |
Initial Value: 1
|
241.18 |
5.22 |
Worst: Central African Republic 5.22 Best: United Arab Emirates 241.18
31.01% |
78.4Value: 78.4
|
Fixed-broadband subscriptions per 100 inhabitants |
Initial Value: 1
|
48.76 |
0.00 |
Worst: Chad 0.00 Best: France 48.76
28.55% |
13.92Value: 13.9233
|
Population coverage, by mobile network technology 3G |
Initial Value: 1
|
100.00 |
24.00 |
Worst: Niger 24.00 Best: Armenia 100.00
93.42% |
95Value: 95
|
Ease of access to services
Rank 82 / Score 0.24 |
Account (% age 15+) |
Initial Value: 1
|
1.00 |
0.10 |
Worst: Afghanistan 0.10 Best: Denmark 1.00
38.92% |
0.45Value: 0.450276
|
Account, female (% age 15+) |
Initial Value: 1
|
1.00 |
0.05 |
Worst: Afghanistan 0.05 Best: Australia 1.00
40.11% |
0.43Value: 0.43109
|
Account, male (% age 15+) |
Initial Value: 1
|
1.00 |
0.15 |
Worst: Afghanistan 0.15 Best: Denmark 1.00
37.58% |
0.47Value: 0.469461
|
Owns a credit card (% age 15+) |
Initial Value: 1
|
0.83 |
0.00 |
Worst: Pakistan 0.00 Best: Canada 0.83
8.76% |
0.07Value: 0.0727287
|
Owns a credit card,female (% age 15+) |
Initial Value: 1
|
0.83 |
0.00 |
Worst: Pakistan 0.00 Best: Canada 0.83
5.89% |
0.05Value: 0.0489029
|
Owns a credit card, male(% age 15+) |
Initial Value: 1
|
0.82 |
0.00 |
Worst: Cambodia 0.00 Best: Canada 0.82
11.77% |
0.1Value: 0.0965546
|
Owns a debit card (% age 15+) |
Initial Value: 1
|
0.99 |
0.01 |
Worst: Sierra Leone 0.01 Best: Denmark 0.99
31.21% |
0.32Value: 0.31587
|
Owns a debit card, female(% age 15+) |
Initial Value: 1
|
0.99 |
0.00 |
Worst: Afghanistan 0.00 Best: Denmark 0.99
29.92% |
0.3Value: 0.29624
|
Owns a debit card, male (% age 15+) |
Initial Value: 1
|
0.99 |
0.03 |
Worst: Sierra Leone 0.03 Best: Denmark 0.99
31.82% |
0.34Value: 0.3355
|
Deposit account with commercial banks |
Initial Value: 1
|
2120000000.00 |
161189.00 |
Worst: Central African Republic 161189.00 Best: India 2120000000.00
0.24% |
5271550Value: 5.27155e+006
|
Number of loan accounts with commercial banks per 1,000 adults |
Initial Value: 1
|
3532.09 |
3.02 |
Worst: Afghanistan 3.02 Best: Brazil 3532.09
16.55% |
587.11Value: 587.112
|
Main source of emergency funds in 30 days: loan from a bank, employer, or private lender (% age 15+) |
Initial Value: 1
|
0.28 |
0.01 |
Worst: Afghanistan 0.01 Best: Dominican Republic 0.28
27.69% |
0.08Value: 0.0847568
|
Usage Rank 95 / Score 0.21 |
Traditional financial operations
Rank 84 / Score 0.3 |
Made a deposit (% with a financial institution account, age 15+) |
Initial Value: 1
|
0.97 |
0.15 |
Worst: Iraq 0.15 Best: Australia 0.97
47.74% |
0.54Value: 0.541473
|
Made a withdrawal (% with a financial institution account, age 15+) |
Initial Value: 1
|
0.98 |
0.15 |
Worst: Iraq 0.15 Best: Norway 0.98
50.49% |
0.57Value: 0.569038
|
Sent or received domestic remittances using an account (% age 15+) |
Initial Value: 1
|
0.63 |
0.01 |
Worst: Afghanistan 0.01 Best: Ghana 0.63
18.86% |
0.13Value: 0.12694
|
Received government payments (% age 15+) |
Initial Value: 1
|
0.89 |
0.05 |
Worst: Madagascar 0.05 Best: Mongolia 0.89
24.77% |
0.26Value: 0.258085
|
Borrowed from a formal financial institution (% age 15+) |
Initial Value: 1
|
0.81 |
0.02 |
Worst: Afghanistan 0.02 Best: Canada 0.81
10.77% |
0.11Value: 0.10506
|
Borrowed from a formal financial institution, female (% age 15+) |
Initial Value: 1
|
0.81 |
0.01 |
Worst: Afghanistan 0.01 Best: Canada 0.81
7.16% |
0.07Value: 0.0672774
|
Borrowed from a formal financial institution, male (% age 15+) |
Initial Value: 1
|
0.81 |
0.03 |
Worst: Afghanistan 0.03 Best: Canada 0.81
14.47% |
0.14Value: 0.142844
|
Saved at a financial institution (% age 15+) |
Initial Value: 1
|
0.81 |
0.01 |
Worst: Tajikistan 0.01 Best: Norway 0.81
17.66% |
0.15Value: 0.151309
|
Saved at a financial institution, female (% age 15+) |
Initial Value: 1
|
0.84 |
0.00 |
Worst: Afghanistan 0.00 Best: Norway 0.84
16.89% |
0.14Value: 0.14184
|
Saved at a financial institution, male (% age 15+) |
Initial Value: 1
|
0.81 |
0.01 |
Worst: Tajikistan 0.01 Best: Sweden 0.81
18.85% |
0.16Value: 0.160777
|
Digital financial services
Rank 102 / Score 0.11 |
Used a mobile phone or the internet to access an account (% age 15+) |
Initial Value: 1
|
0.85 |
0.00 |
Worst: Ethiopia 0.00 Best: Norway 0.85
7.47% |
0.06Value: 0.0635357
|
Used a mobile phone or the internet to access an account, female (% age 15+) |
Initial Value: 1
|
0.85 |
0.00 |
Worst: Ethiopia 0.00 Best: Norway 0.85
5.67% |
0.05Value: 0.0481951
|
Used a mobile phone or the internet to access an account, male (% age 15+) |
Initial Value: 1
|
0.86 |
0.01 |
Worst: Ethiopia 0.01 Best: Norway 0.86
8.1% |
0.08Value: 0.0788763
|
Used a mobile phone or the internet to buy something online (% age 15+) |
Initial Value: 1
|
0.87 |
0.00 |
Worst: Ethiopia 0.00 Best: Norway 0.87
15.92% |
0.14Value: 0.138539
|
Used a mobile phone or the internet to buy something online, female (% age 15+) |
Initial Value: 1
|
0.89 |
0.00 |
Worst: Ethiopia 0.00 Best: Denmark 0.89
12.34% |
0.11Value: 0.109818
|
Used a mobile phone or the internet to buy something online, male (% age 15+) |
Initial Value: 1
|
0.85 |
0.00 |
Worst: Afghanistan 0.00 Best: Norway 0.85
19.68% |
0.17Value: 0.16726
|
Used a mobile phone or the internet to pay bills (% age 15+) |
Initial Value: 1
|
0.88 |
0.00 |
Worst: Afghanistan 0.00 Best: Finland 0.88
20.93% |
0.18Value: 0.184187
|
Used a mobile phone or the internet to pay bills, female (% age 15+) |
Initial Value: 1
|
0.90 |
0.00 |
Worst: Afghanistan 0.00 Best: Estonia 0.90
17.68% |
0.16Value: 0.159158
|
Used a mobile phone or the internet to pay bills, male (% age 15+) |
Initial Value: 1
|
0.88 |
0.00 |
Worst: Afghanistan 0.00 Best: Finland 0.88
23.77% |
0.21Value: 0.209217
|
Made or received a digital payment (% age 15+) |
Initial Value: 1
|
1.00 |
0.08 |
Worst: Afghanistan 0.08 Best: Denmark 1.00
30.9% |
0.36Value: 0.364324
|
Made or received a digital payment, female (% age 15+) |
Initial Value: 1
|
1.00 |
0.04 |
Worst: Afghanistan 0.04 Best: Denmark 1.00
34.36% |
0.37Value: 0.369844
|
Made or received a digital payment, male (% age 15+) |
Initial Value: 1
|
1.00 |
0.12 |
Worst: Afghanistan 0.12 Best: Denmark 1.00
27.14% |
0.36Value: 0.358803
|
Saved money using mobile money account (% age 15) |
Initial Value: 1
|
0.37 |
0.00 |
Worst: Afghanistan 0.00 Best: Kenya 0.37
0% |
0Value: 0
|
Borrowed any money using mobile money (% age 15) |
Initial Value: 1
|
0.30 |
0.00 |
Worst: Afghanistan 0.00 Best: Kenya 0.30
0% |
0Value: 0
|
Sent or received domestic remittances: through a money transfer service (% age 15+) |
Initial Value: 1
|
0.37 |
0.00 |
Worst: Egypt 0.00 Best: Cambodia 0.37
13.46% |
0.05Value: 0.0497847
|
Barriers Rank 102 / Score 0.5 |
Traditional barriers
Rank 67 / Score 0.44 |
No account because financial institutions are too far away (% without an account, age 15+) |
Initial Value: 1
|
0.38 |
0.00 |
Worst: Croatia 0.00 Best: Afghanistan 0.38
69.1% |
0.26Value: 0.262584
|
No account because financial services are too expensive (% without an account, age 15+) |
Initial Value: 1
|
0.51 |
0.01 |
Worst: Israel 0.01 Best: Nicaragua 0.51
73.92% |
0.38Value: 0.379611
|
No account because of insufficient funds (% without an account, age 15+) |
Initial Value: 1
|
0.89 |
0.03 |
Worst: Malaysia 0.03 Best: Afghanistan 0.89
34.47% |
0.33Value: 0.326443
|
No account because of a lack of trust in financial institutions (% without an account, age 15+) |
Initial Value: 1
|
0.38 |
0.00 |
Worst: Malaysia 0.00 Best: Afghanistan 0.38
47% |
0.18Value: 0.178592
|
No account because of a lack of necessary documentation (% without an account, age 15+) |
Initial Value: 1
|
0.42 |
0.01 |
Worst: Cyprus 0.01 Best: Liberia 0.42
57.13% |
0.24Value: 0.24422
|
Digital barriers
Rank 87 / Score 0.57 |
Ict regulatory environment |
Initial Value: 1
|
99.00 |
7.00 |
Worst: Libya 7.00 Best: Italy 99.00
78.8% |
79.5Value: 79.5
|
Regulatory quality |
Initial Value: 1
|
2.23 |
-2.20 |
Worst: Venezuela -2.20 Best: Singapore 2.23
54.01% |
0.19Value: 0.19263
|
Cybersecurity |
Initial Value: 1
|
100.00 |
2.20 |
Worst: Honduras 2.20 Best: United States 100.00
32.63% |
34.11Value: 34.11
|
Secure Internet servers (per 1 million people) |
Initial Value: 1
|
46678100.00 |
6.00 |
Worst: Central African Republic 6.00 Best: United States 46678100.00
0.01% |
6371Value: 6371
|
Smart phone cost |
Initial Value: 1
|
100.00 |
0.90 |
Worst: Malawi 0.90 Best: Australia 100.00
70.43% |
70.7Value: 70.7
|
Data-only mobile broadband basket |
Initial Value: 1
|
40.99 |
0.18 |
Worst: Luxembourg 0.18 Best: Central African Republic 40.99
4.69% |
2.09Value: 2.09427
|
Access to electricity (%) |
Initial Value: 1
|
100.00 |
0.00 |
Worst: Kosovo 0.00 Best: Albania 100.00
96.7% |
96.7Value: 96.7046
|
Support for digital literacy |
Initial Value: 1
|
3.00 |
0.00 |
Worst: Burkina Faso 0.00 Best: Argentina 3.00
100% |
3Value: 3
|
Digital skills among active population |
Initial Value: 1
|
5.83 |
2.74 |
Worst: Mozambique 2.74 Best: Finland 5.83
25.29% |
3.52Value: 3.52153
|
Mean years of schooling |
Initial Value: 1
|
14.20 |
1.60 |
Worst: Burkina Faso 1.60 Best: Germany 14.20
68.25% |
10.2Value: 10.2
|
Government expenditure on education (% of gdp ) |
Initial Value: 1
|
9.84 |
1.34 |
Worst: Venezuela 1.34 Best: Bolivia 9.84
30.19% |
3.91Value: 3.90607
|