Government expenditure on education in Panama

Panama: Government expenditure on education was 11.92 in 2023. ▼ Falling

Latest (2023)
11.92
Change on year
down 24.2%
World rank
26th
of 35 countries
All-time high
19.83
in 2000
All-time low
10.09
in 2019
Years of data
21
1995–2023

Government expenditure on education in Panama, 1995–2023

051015201995200920231995: 18.21996: 18.21997: 17.41999: 192000: 19.82001: 16.62002: 172003: 16.32004: 14.62008: 14.92011: 132014: 13.62015: 15.22016: 15.52017: 15.82018: 15.62019: 10.12020: 15.82021: 15.72022: 15.72023: 11.9

Source: UNICEF.

Analysis

The most recent figure for government expenditure on education in Panama is 11.92, measured in 2023.

Compared with earlier readings it is down 24.2% on the previous year and down 12.6% over ten years.

Over the whole period, government expenditure on education in Panama peaked at 19.83 in 2000 and was at its lowest, 10.09, in 2019.

Panama ranks 26th of 35 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 21 years of available data.

Government expenditure on education in Panama, year by year

Annual values for Government expenditure on education (% of total government expenditure) in Panama, 1995 to 2023.
Year Value Change
1995 18.2
1996 18.16 -0.2%
1997 17.35 -4.4%
1999 18.97 +9.3%
2000 19.83 +4.5%
2001 16.64 -16.1%
2002 16.96 +1.9%
2003 16.34 -3.6%
2004 14.57 -10.9%
2008 14.89 +2.2%
2011 13.02 -12.6%
2014 13.64 +4.8%
2015 15.22 +11.6%
2016 15.53 +2.0%
2017 15.76 +1.5%
2018 15.58 -1.1%
2019 10.09 -35.3%
2020 15.79 +56.4%
2021 15.68 -0.6%
2022 15.73 +0.3%
2023 11.92 -24.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 18.17 17.35 18.97 4
2000s 16.54 14.57 19.83 6
2010s 14.12 10.09 15.76 7
2020s 14.78 11.92 15.79 4

Countries ranked near Panama

  1. 23 Trinidad and Tobago 12.57 compare
  2. 24 El Salvador 12.54 compare
  3. 25 Barbados 12.47 compare
  4. 27 Saint Lucia 11.8 compare
  5. 28 Antigua and Barbuda 11.04 compare
  6. 29 Saint Kitts and Nevis 11 compare

See the full ranking of 35 places →

More education data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on education in Panama?
Government expenditure on education in Panama was 11.92 in 2023, according to UNICEF.
What is the highest government expenditure on education recorded in Panama?
The highest recorded value was 19.83 in 2000.
What is the lowest government expenditure on education recorded in Panama?
The lowest recorded value was 10.09 in 2019.
How does Panama rank for government expenditure on education?
Panama ranks 26th out of 35 countries with data for 2023.
Is government expenditure on education rising or falling in Panama?
Over the last ten years it is down 12.6%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from UNICEF, published as part of Government expenditure on education (% of total government expenditure). Statizoid updates them automatically from the source API.

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Government expenditure on education in Panama. Statizoid, drawing on UNICEF. Retrieved 08 September 2026, from https://education.statizoid.com/stat/government-expenditure-on-education-percent-of-total-government-expenditure/panama/

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About this data

Indicator
Government expenditure on education (% of total government expenditure)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
35 places, 649 data points, 1984–2025
Last refreshed