Government expenditure on education, US$ in Panama
Panama: Government expenditure on education, US$ was 2,060 millions in 2023. ◆ Volatile
Government expenditure on education, US$ in Panama, 1970–2023
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
The most recent figure for government expenditure on education, us$ in Panama is 2,060 millions, measured in 2023.
Compared with earlier readings it is down 20.1% on the previous year and up 30.0% over ten years.
Over the whole period, government expenditure on education, us$ in Panama peaked at 2,576 millions in 2022 and was at its lowest, 51.11 millions, in 1971.
That places Panama 85th out of 181 countries with data for 2023, putting it 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, US$ in Panama, year by year
| Year | millions | Change |
|---|---|---|
| 1970 | 54.62 millions | — |
| 1971 | 51.11 millions | -6.4% |
| 1972 | 66.65 millions | +30.4% |
| 1973 | 66.71 millions | +0.1% |
| 1974 | 83.59 millions | +25.3% |
| 1975 | 101.17 millions | +21.0% |
| 1976 | 111.62 millions | +10.3% |
| 1977 | 117.22 millions | +5.0% |
| 1978 | 117 millions | -0.2% |
| 1979 | 134.94 millions | +15.3% |
| 1980 | 163.14 millions | +20.9% |
| 1981 | 179.22 millions | +9.9% |
| 1982 | 197.24 millions | +10.1% |
| 1983 | 210.35 millions | +6.6% |
| 1984 | 214.48 millions | +2.0% |
| 1985 | 230.36 millions | +7.4% |
| 1986 | 227.44 millions | -1.3% |
| 1987 | 264.24 millions | +16.2% |
| 1994 | 325.03 millions | +23.0% |
| 1995 | 377.96 millions | +16.3% |
| 1996 | 404.13 millions | +6.9% |
| 1997 | 410.77 millions | +1.6% |
| 1999 | 554.02 millions | +34.9% |
| 2000 | 585.64 millions | +5.7% |
| 2001 | 513.32 millions | -12.3% |
| 2002 | 544.67 millions | +6.1% |
| 2003 | 570.86 millions | +4.8% |
| 2004 | 537.28 millions | -5.9% |
| 2008 | 881.03 millions | +64.0% |
| 2011 | 1,096 millions | +24.4% |
| 2014 | 1,585 millions | +44.6% |
| 2015 | 1,821 millions | +14.9% |
| 2016 | 1,986 millions | +9.0% |
| 2017 | 2,173 millions | +9.4% |
| 2018 | 2,324 millions | +6.9% |
| 2020 | 2,456 millions | +5.7% |
| 2021 | 2,502 millions | +1.8% |
| 2022 | 2,576 millions | +3.0% |
| 2023 | 2,060 millions | -20.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 90.46 millions | 51.11 millions | 134.94 millions | 10 |
| 1980s | 210.81 millions | 163.14 millions | 264.24 millions | 8 |
| 1990s | 414.38 millions | 325.03 millions | 554.02 millions | 5 |
| 2000s | 605.47 millions | 513.32 millions | 881.03 millions | 6 |
| 2010s | 1,831 millions | 1,096 millions | 2,324 millions | 6 |
| 2020s | 2,399 millions | 2,060 millions | 2,576 millions | 4 |
Countries ranked near Panama
More education data for Panama
- Primary education, teachers, gaps filled 19,072 (2017)
- Duration of pre primary education, annual growth rate 0 % change on previous year (2025)
- Duration of pre primary education 2 (2025)
- Official entrance age to pre primary education 4 (2025)
- Population ages 15-64 65.8% (2025)
- Population ages 0-14 24.5% (2025)
- Lower secondary school starting age 12 years (2025)
- Primary school starting age 6 years (2025)
- Primary secondary enrollment completion rates, gaps filled 96.94 (2024)
- School enrollment, primary 96.9% (2024)
Frequently asked questions
- What is government expenditure on education, us$ in Panama?
- Government expenditure on education, us$ in Panama was 2,060 millions in 2023, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on education, us$ recorded in Panama?
- The highest recorded value was 2,576 millions in 2022.
- What is the lowest government expenditure on education, us$ recorded in Panama?
- The lowest recorded value was 51.11 millions in 1971.
- How does Panama rank for government expenditure on education, us$?
- Panama ranks 85th out of 181 countries with data for 2023.
- Is government expenditure on education, us$ rising or falling in Panama?
- Over the last ten years it is up 30.0%. 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, US$ (millions). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release