Expenditure on education as a percentage of total government in Panama

Panama: Expenditure on education as a percentage of total government was 16.6% in 2021. ▬ Flat

Latest (2021)
16.6%
Change on year
down 5.3%
World rank
25th
of 123 countries
All-time high
21.3%
in 2019
All-time low
16.6%
in 2021
Years of data
8
2014–2021

Expenditure on education as a percentage of total government in Panama, 2014–2021

051015202014201720212014: 17.4 IMF calculation2015: 17.7 IMF calculation2016: 18.8 IMF calculation2017: 19.2 IMF calculation2018: 19.9 IMF calculation2019: 21.3 IMF calculation2020: 17.6 IMF calculation2021: 16.6 IMF calculation

Source: UNESCO Institute for Statistics. Measured in IMF calculation.

Analysis

In 2021, expenditure on education as a percentage of total government in Panama stood at 16.6%. That is the lowest value across all 8 years on record.

The figure is down 5.3% on the previous year and down 4.5% over ten years.

That places Panama 25th out of 123 countries with data for 2021, putting it in the top quarter.

Expenditure on education as a percentage of total government in Panama, year by year

Annual values for Expenditure on education as a percentage of total government expenditure (%) (IMF calculation) in Panama, 2014 to 2021.
Year IMF calculation Change
2014 17.4%
2015 17.7% +1.4%
2016 18.8% +6.3%
2017 19.2% +2.2%
2018 19.9% +3.7%
2019 21.3% +7.4%
2020 17.6% -17.8%
2021 16.6% -5.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 19.0% 17.4% 21.3% 6
2020s 17.1% 16.6% 17.6% 2

Countries ranked near Panama

  1. 22 Costa Rica 18.0% compare
  2. 23 Jamaica 17.7%
  3. 24 Samoa 17.1% compare
  4. 26 Israel 16.5% compare
  5. 27 Philippines 16.1% compare
  6. 28 Madagascar 16.0% compare

See the full ranking of 123 places →

More education data for Panama

All data for Panama →

Frequently asked questions

What is expenditure on education as a percentage of total government in Panama?
Expenditure on education as a percentage of total government in Panama was 16.6% in 2021, according to UNESCO Institute for Statistics.
What is the highest expenditure on education as a percentage of total government recorded in Panama?
The highest recorded value was 21.3% in 2019.
What is the lowest expenditure on education as a percentage of total government recorded in Panama?
The lowest recorded value was 16.6% in 2021.
How does Panama rank for expenditure on education as a percentage of total government?
Panama ranks 25th out of 123 countries with data for 2021.
Is expenditure on education as a percentage of total government rising or falling in Panama?
Over the last ten years it is down 4.5%. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from UNESCO Institute for Statistics, published as part of Expenditure on education as a percentage of total government expenditure (%) (IMF calculation). Statizoid updates them automatically from the source API.

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Expenditure on education as a percentage of total government in Panama. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 September 2026, from https://education.statizoid.com/stat/expenditure-on-education-as-a-percentage-of-total-government-expenditure-percent-imf/panama/

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About this data

Indicator
Expenditure on education as a percentage of total government expenditure (%) (IMF calculation)
Unit
IMF calculation
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
123 places, 2,203 data points, 2000–2023
Last refreshed

February 2026 Data Release