Government expenditure on education, US$ (millions) (education US) in Panama
Panama: Government expenditure on education, US$ (millions) (education US) was 2,060 millions in 2023. ◆ Volatile
Latest (2023)
2,060 millions
Change on year
down 20.1%
World rank
85th
of 181 countries
All-time high
2,576 millions
in 2022
All-time low
51.11 millions
in 1971
Years of data
39
1970–2023
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$ (millions) (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% |
Panama compared with similar countries
- Panama's 2,060 millions is below the median for high income countries, which is 5,809 millions, 35% of the median. (66 countries reporting)
- Panama's 2,060 millions is above the median for Latin America & Caribbean, which is 1,458 millions, 1.4× the median. (33 countries reporting)
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
- 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, 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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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