Government expenditure on education, constant PPP$ (millions) in Panama
Panama: Government expenditure on education, constant PPP$ (millions) was 4,388 millions in 2023. ▲ Rising
Government expenditure on education, constant PPP$ in Panama, 1994–2023
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
The most recent figure for government expenditure on education, constant ppp$ in Panama is 4,388 millions, measured in 2023.
Compared with earlier readings it is down 21.4% on the previous year and up 13.9% over ten years.
Over the whole period, government expenditure on education, constant ppp$ in Panama peaked at 5,582 millions in 2022 and was at its lowest, 1,377 millions, in 1994.
Panama ranks 83rd of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Government expenditure on education, constant PPP$ (millions) in Panama, year by year
| Year | millions | Change |
|---|---|---|
| 1994 | 1,377 millions | — |
| 1995 | 1,594 millions | +15.7% |
| 1996 | 1,671 millions | +4.9% |
| 1997 | 1,673 millions | +0.1% |
| 1999 | 2,220 millions | +32.7% |
| 2000 | 2,383 millions | +7.3% |
| 2001 | 2,059 millions | -13.6% |
| 2002 | 2,144 millions | +4.1% |
| 2003 | 2,222 millions | +3.7% |
| 2004 | 2,038 millions | -8.3% |
| 2008 | 2,910 millions | +42.8% |
| 2011 | 3,146 millions | +8.1% |
| 2014 | 3,851 millions | +22.4% |
| 2015 | 4,296 millions | +11.6% |
| 2016 | 4,571 millions | +6.4% |
| 2017 | 4,915 millions | +7.5% |
| 2018 | 5,219 millions | +6.2% |
| 2020 | 5,514 millions | +5.6% |
| 2021 | 5,538 millions | +0.4% |
| 2022 | 5,582 millions | +0.8% |
| 2023 | 4,388 millions | -21.4% |
Panama compared with similar countries
- Panama's 4,388 millions is below the median for high income countries, which is 14,135 millions, 31% of the median. (61 countries reporting)
- Panama's 4,388 millions is above the median for Latin America & Caribbean, which is 2,722 millions, 1.6× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,707 millions | 1,377 millions | 2,220 millions | 5 |
| 2000s | 2,293 millions | 2,038 millions | 2,910 millions | 6 |
| 2010s | 4,333 millions | 3,146 millions | 5,219 millions | 6 |
| 2020s | 5,255 millions | 4,388 millions | 5,582 millions | 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 government expenditure on education, constant ppp$ in Panama?
- Government expenditure on education, constant ppp$ in Panama was 4,388 millions in 2023, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on education, constant ppp$ recorded in Panama?
- The highest recorded value was 5,582 millions in 2022.
- What is the lowest government expenditure on education, constant ppp$ recorded in Panama?
- The lowest recorded value was 1,377 millions in 1994.
- How does Panama rank for government expenditure on education, constant ppp$?
- Panama ranks 83rd out of 166 countries with data for 2023.
- Is government expenditure on education, constant ppp$ rising or falling in Panama?
- Over the last ten years it is up 13.9%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, constant PPP$ (millions). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release