Government expenditure on education, total in Panama

Panama: Government expenditure on education, total was 2.5% in 2023. ▼ Falling

Latest (2023)
2.5%
Change on year
down 26.8%
World rank
166th
of 196 countries
All-time high
4.9%
in 2000
All-time low
2.5%
in 2023
Years of data
40
1970–2023

Government expenditure on education, total in Panama, 1970–2023

0123451970199620231970: 4 % of GDP1971: 3.4 % of GDP1972: 4 % of GDP1973: 3.5 % of GDP1974: 3.8 % of GDP1975: 4.2 % of GDP1976: 4.3 % of GDP1977: 4.3 % of GDP1978: 3.6 % of GDP1979: 3.6 % of GDP1980: 3.5 % of GDP1981: 3.4 % of GDP1982: 3.4 % of GDP1983: 3.6 % of GDP1984: 3.5 % of GDP1985: 3.5 % of GDP1986: 3.3 % of GDP1987: 3.9 % of GDP1994: 3.5 % of GDP1995: 3.9 % of GDP1996: 4.4 % of GDP1997: 4.1 % of GDP1999: 4.8 % of GDP2000: 4.9 % of GDP2001: 4.2 % of GDP2002: 4.3 % of GDP2003: 4.2 % of GDP2004: 3.6 % of GDP2008: 3.4 % of GDP2011: 3.1 % of GDP2014: 3.1 % of GDP2015: 3.3 % of GDP2016: 3.3 % of GDP2017: 3.4 % of GDP2018: 3.5 % of GDP2019: 3.3 % of GDP2020: 4.3 % of GDP2021: 3.7 % of GDP2022: 3.4 % of GDP2023: 2.5 % of GDP

Source: Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of GDP.

Analysis

The most recent figure for government expenditure on education, total in Panama is 2.5%, measured in 2023. That is the lowest value across all 40 years on record.

Compared with earlier readings it is down 26.8% on the previous year and down 19.8% over ten years.

Over the whole period, government expenditure on education, total in Panama peaked at 4.9% in 2000 and was at its lowest, 2.5%, in 2023.

That places Panama 166th out of 196 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.

Government expenditure on education, total in Panama, year by year

Annual values for Government expenditure on education, total (% of GDP) in Panama, 1970 to 2023.
Year % of GDP Change
1970 4.0%
1971 3.4% -17.0%
1972 4.0% +18.8%
1973 3.5% -12.5%
1974 3.8% +9.6%
1975 4.2% +8.8%
1976 4.3% +3.8%
1977 4.3% -0.7%
1978 3.6% -15.8%
1979 3.6% +1.0%
1980 3.5% -2.9%
1981 3.4% -2.9%
1982 3.4% -0.4%
1983 3.6% +3.9%
1984 3.5% -2.3%
1985 3.5% +1.5%
1986 3.3% -5.0%
1987 3.9% +15.7%
1994 3.5% -10.3%
1995 3.9% +13.8%
1996 4.4% +11.3%
1997 4.1% -7.1%
1999 4.8% +16.3%
2000 4.9% +3.0%
2001 4.2% -14.4%
2002 4.3% +1.6%
2003 4.2% -1.4%
2004 3.6% -15.2%
2008 3.4% -3.7%
2011 3.1% -10.4%
2014 3.1% +0.3%
2015 3.3% +6.0%
2016 3.3% +1.8%
2017 3.4% +1.7%
2018 3.5% +2.2%
2019 3.3% -5.0%
2020 4.3% +31.2%
2021 3.7% -13.8%
2022 3.4% -9.0%
2023 2.5% -26.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.9% 3.4% 4.3% 10
1980s 3.5% 3.3% 3.9% 8
1990s 4.1% 3.5% 4.8% 5
2000s 4.1% 3.4% 4.9% 6
2010s 3.3% 3.1% 3.5% 7
2020s 3.5% 2.5% 4.3% 4

Countries ranked near Panama

  1. 163 Liechtenstein 2.6% compare
  2. 164 Thailand 2.5% compare
  3. 165 Angola 2.5% compare
  4. 167 Armenia 2.4% compare
  5. 168 Comoros 2.3% compare
  6. 169 Gabon 2.3% compare

See the full ranking of 242 places →

More education data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on education, total in Panama?
Government expenditure on education, total in Panama was 2.5% in 2023, according to Data API, UN Educational, Scientific and Cultural Organization (UNESCO).
What is the highest government expenditure on education, total recorded in Panama?
The highest recorded value was 4.9% in 2000.
What is the lowest government expenditure on education, total recorded in Panama?
The lowest recorded value was 2.5% in 2023.
How does Panama rank for government expenditure on education, total?
Panama ranks 166th out of 196 countries with data for 2023.
Is government expenditure on education, total 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 Data API, UN Educational, Scientific and Cultural Organization (UNESCO), published as part of Government expenditure on education, total (% of GDP). Statizoid updates them automatically from the source API.

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Government expenditure on education, total in Panama. Statizoid, drawing on Data API, UN Educational, Scientific and Cultural Organization (UNESCO). Retrieved 04 September 2026, from https://education.statizoid.com/stat/government-expenditure-on-education-total-percent-of-gdp/panama/

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About this data

Indicator
Government expenditure on education, total (% of GDP)
Unit
% of GDP
Source
Data API, UN Educational, Scientific and Cultural Organization (UNESCO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 6,340 data points, 1970–2025
Last refreshed

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.