Education spending in Panama
Panama: Education spending was 2.47 in 2023. ▼ Falling
Latest (2023)
2.47
Change on year
down 26.8%
World rank
169th
of 199 countries
All-time high
4.89
in 2000
All-time low
2.47
in 2023
Years of data
40
1970–2023
Education spending in Panama, 1970–2023
Source: Our World in Data.
Analysis
The most recent figure for education spending in Panama is 2.47, measured in 2023. That is the lowest value across all 40 years on record.
The figure is down 26.8% on the previous year and down 19.8% over ten years.
Over the whole period, education spending in Panama peaked at 4.89 in 2000 and was at its lowest, 2.47, in 2023.
That places Panama 169th out of 199 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 40 years of available data.
Education spending in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 4.04 | — |
| 1971 | 3.35 | -17.0% |
| 1972 | 3.98 | +18.8% |
| 1973 | 3.49 | -12.5% |
| 1974 | 3.82 | +9.6% |
| 1975 | 4.15 | +8.8% |
| 1976 | 4.31 | +3.8% |
| 1977 | 4.28 | -0.7% |
| 1978 | 3.61 | -15.8% |
| 1979 | 3.64 | +1.0% |
| 1980 | 3.54 | -2.9% |
| 1981 | 3.43 | -2.9% |
| 1982 | 3.42 | -0.4% |
| 1983 | 3.55 | +3.9% |
| 1984 | 3.47 | -2.3% |
| 1985 | 3.52 | +1.5% |
| 1986 | 3.35 | -5.0% |
| 1987 | 3.87 | +15.7% |
| 1994 | 3.47 | -10.3% |
| 1995 | 3.95 | +13.8% |
| 1996 | 4.39 | +11.3% |
| 1997 | 4.08 | -7.1% |
| 1999 | 4.75 | +16.3% |
| 2000 | 4.89 | +3.0% |
| 2001 | 4.19 | -14.4% |
| 2002 | 4.25 | +1.6% |
| 2003 | 4.2 | -1.4% |
| 2004 | 3.56 | -15.2% |
| 2008 | 3.43 | -3.7% |
| 2011 | 3.07 | -10.4% |
| 2014 | 3.08 | +0.3% |
| 2015 | 3.27 | +6.0% |
| 2016 | 3.32 | +1.8% |
| 2017 | 3.38 | +1.7% |
| 2018 | 3.45 | +2.2% |
| 2019 | 3.28 | -5.0% |
| 2020 | 4.3 | +31.2% |
| 2021 | 3.71 | -13.8% |
| 2022 | 3.38 | -9.0% |
| 2023 | 2.47 | -26.8% |
Panama compared with similar countries
- Panama's 2.47 is below the median for high income countries, which is 4.4, 56% of the median. (72 countries reporting)
- Panama's 2.47 is below the median for Latin America & Caribbean, which is 4.06, 61% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.87 | 3.35 | 4.31 | 10 |
| 1980s | 3.52 | 3.35 | 3.87 | 8 |
| 1990s | 4.13 | 3.47 | 4.75 | 5 |
| 2000s | 4.09 | 3.43 | 4.89 | 6 |
| 2010s | 3.26 | 3.07 | 3.45 | 7 |
| 2020s | 3.47 | 2.47 | 4.3 | 4 |
Countries ranked near Panama
More education data for Panama
- Gender gap education levels, gaps filled 92.75 (2024)
- Primary enrollment selected countries, gaps filled 92.3 (2024)
- Teachers in secondary education, both sexes (number), gaps filled 23,777 (2017)
- Repeaters in primary education, all grades, both sexes (number), gaps 10,042 (2024)
- Enrolment in pre-primary education, male (number), gaps filled 47,857 (2024)
- Enrolment in pre-primary education, female (number), gaps filled 46,052 (2024)
- Secondary education, pupils, gaps filled 311,983 (2017)
- Primary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Primary education, pupils, gaps filled 451,308 (2024)
- Primary education, pupils, annual growth rate 2.02 % change on previous year (2024)
Frequently asked questions
- What is education spending in Panama?
- Education spending in Panama was 2.47 in 2023, according to Our World in Data.
- What is the highest education spending recorded in Panama?
- The highest recorded value was 4.89 in 2000.
- What is the lowest education spending recorded in Panama?
- The lowest recorded value was 2.47 in 2023.
- How does Panama rank for education spending?
- Panama ranks 169th out of 199 countries with data for 2023.
- Is education spending rising or falling in Panama?
- Over the last ten years it is down 19.8%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Education spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (Our World in Data).