Panama vs Peru: Government expenditure on tertiary education as a percentage of GDP

Panama
0.6398
in 2022
Peru
0.6953
in 2023
Panama rank
19th
Peru rank
17th

Government expenditure on tertiary education as a percentage of GDP over time

  • Panama
  • Peru
0.40.60.811.2197019962023

How they compare

Peru currently reports 0.6953 against 0.6398 in Panama, a difference of 0.0555.

That makes Peru's figure about 1.1 times Panama's.

The two have swapped places 4 times across 14 shared years of data; in 1973 it was Peru ahead.

Panama ranks 19th and Peru ranks 17th of 31 countries.

Across the 5 decades both report, Panama averaged higher in 4 and Peru in 1.

Head to head by decade

Decade Panama Peru Difference Ahead
1970s 0.5125 0.5756 0.0631 Peru
1990s 1 0.5851 0.4177 Panama
2000s 1.1 0.3799 0.717 Panama
2010s 0.6347 0.5778 0.0569 Panama
2020s 0.728 0.6782 0.0497 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government expenditure on tertiary education as a percentage of gdp, Panama or Peru?
Peru, at 0.6953 against 0.6398 in Panama as of 2023.
What is the difference in government expenditure on tertiary education as a percentage of gdp between Panama and Peru?
0.0555, with Peru ahead.
How many years of comparable data are there for Panama and Peru?
14 years are reported by both, from 1973 to 2022.
How do Panama and Peru rank globally for government expenditure on tertiary education as a percentage of gdp?
Panama ranks 19th and Peru ranks 17th of 31 countries.
Where does this data come from?
UNICEF, published as Government expenditure on tertiary education as a percentage of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Peru: Government expenditure on tertiary education as a percentage of GDP. Statizoid, drawing on UNICEF. Retrieved 13 September 2026, from https://education.statizoid.com/compare/government-expenditure-on-tertiary-education-as-a-percentage-of-gdp-percent-2/panama/peru/

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About this data

Indicator
Government expenditure on tertiary education as a percentage of GDP (%)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
31 places, 627 data points, 1970–2023
Last refreshed