Government expenditure on education, constant US$ (millions) in Panama
Panama: Government expenditure on education, constant US$ (millions) was 2,060 millions in 2023. ◆ Volatile
Latest (2023)
2,060 millions
Change on year
down 21.4%
World rank
85th
of 174 countries
All-time high
2,620 millions
in 2022
All-time low
277.26 millions
in 1971
Years of data
39
1970–2023
Government expenditure on education, constant US$ in Panama, 1970–2023
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
The most recent figure for government expenditure on education, constant us$ in Panama is 2,060 millions, measured in 2023.
The figure is down 21.4% on the previous year and up 13.9% over ten years.
Over the whole period, government expenditure on education, constant us$ in Panama peaked at 2,620 millions in 2022 and was at its lowest, 277.26 millions, in 1971.
Panama ranks 85th of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government expenditure on education, constant US$ (millions) in Panama, year by year
| Year | millions | Change |
|---|---|---|
| 1970 | 304.92 millions | — |
| 1971 | 277.26 millions | -9.1% |
| 1972 | 344.33 millions | +24.2% |
| 1973 | 317.52 millions | -7.8% |
| 1974 | 356.47 millions | +12.3% |
| 1975 | 394.46 millions | +10.7% |
| 1976 | 416.3 millions | +5.5% |
| 1977 | 417.75 millions | +0.3% |
| 1978 | 386.34 millions | -7.5% |
| 1979 | 407.88 millions | +5.6% |
| 1980 | 447.72 millions | +9.8% |
| 1981 | 474.57 millions | +6.0% |
| 1982 | 498.02 millions | +4.9% |
| 1983 | 494.07 millions | -0.8% |
| 1984 | 495.71 millions | +0.3% |
| 1985 | 528.12 millions | +6.5% |
| 1986 | 519.67 millions | -1.6% |
| 1987 | 590.25 millions | +13.6% |
| 1994 | 646.37 millions | +9.5% |
| 1995 | 748.13 millions | +15.7% |
| 1996 | 784.67 millions | +4.9% |
| 1997 | 785.48 millions | +0.1% |
| 1999 | 1,042 millions | +32.7% |
| 2000 | 1,119 millions | +7.3% |
| 2001 | 966.69 millions | -13.6% |
| 2002 | 1,006 millions | +4.1% |
| 2003 | 1,043 millions | +3.7% |
| 2004 | 956.84 millions | -8.3% |
| 2008 | 1,366 millions | +42.8% |
| 2011 | 1,477 millions | +8.1% |
| 2014 | 1,808 millions | +22.4% |
| 2015 | 2,017 millions | +11.6% |
| 2016 | 2,146 millions | +6.4% |
| 2017 | 2,307 millions | +7.5% |
| 2018 | 2,450 millions | +6.2% |
| 2020 | 2,589 millions | +5.6% |
| 2021 | 2,600 millions | +0.4% |
| 2022 | 2,620 millions | +0.8% |
| 2023 | 2,060 millions | -21.4% |
Panama compared with similar countries
- Panama's 2,060 millions is below the median for high income countries, which is 7,845 millions, 26% of the median. (64 countries reporting)
- Panama's 2,060 millions is above the median for Latin America & Caribbean, which is 1,215 millions, 1.7× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 362.32 millions | 277.26 millions | 417.75 millions | 10 |
| 1980s | 506.02 millions | 447.72 millions | 590.25 millions | 8 |
| 1990s | 801.36 millions | 646.37 millions | 1,042 millions | 5 |
| 2000s | 1,076 millions | 956.84 millions | 1,366 millions | 6 |
| 2010s | 2,034 millions | 1,477 millions | 2,450 millions | 6 |
| 2020s | 2,467 millions | 2,060 millions | 2,620 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 us$ in Panama?
- Government expenditure on education, constant us$ in Panama was 2,060 millions in 2023, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on education, constant us$ recorded in Panama?
- The highest recorded value was 2,620 millions in 2022.
- What is the lowest government expenditure on education, constant us$ recorded in Panama?
- The lowest recorded value was 277.26 millions in 1971.
- How does Panama rank for government expenditure on education, constant us$?
- Panama ranks 85th out of 174 countries with data for 2023.
- Is government expenditure on education, constant us$ rising or falling in Panama?
- Over the last ten years it is up 13.9%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, constant US$ (millions). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release