Government expenditure on primary education, constant PPP$ in Panama

Panama: Government expenditure on primary education, constant PPP$ was 1,838 millions in 2023. ▲ Rising

Latest (2023)
1,838 millions
Change on year
up 2.1%
World rank
65th
of 136 countries
All-time high
1,838 millions
in 2023
All-time low
432.05 millions
in 1994
Years of data
20
1994–2023

Government expenditure on primary education, constant PPP$ in Panama, 1994–2023

5001.0k1.5k2.0k1994200820231994: 432.1 millions1995: 484.2 millions1996: 496.4 millions1997: 528.6 millions1999: 852.8 millions2000: 896.4 millions2001: 687.9 millions2002: 688 millions2004: 703.5 millions2007: 1.2k millions2011: 738.5 millions2014: 1.0k millions2015: 1.1k millions2016: 1.1k millions2017: 1.3k millions2018: 1.5k millions2020: 1.7k millions2021: 1.8k millions2022: 1.8k millions2023: 1.8k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2023, government expenditure on primary education, constant ppp$ in Panama stood at 1,838 millions. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 2.1% on the previous year and up 79.9% over ten years.

Over the whole period, government expenditure on primary education, constant ppp$ in Panama peaked at 1,838 millions in 2023 and was at its lowest, 432.05 millions, in 1994.

Panama ranks 65th of 136 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Government expenditure on primary education, constant PPP$ in Panama, year by year

Annual values for Government expenditure on primary education, constant PPP$ (millions) in Panama, 1994 to 2023.
Year millions Change
1994 432.05 millions
1995 484.15 millions +12.1%
1996 496.38 millions +2.5%
1997 528.58 millions +6.5%
1999 852.84 millions +61.3%
2000 896.41 millions +5.1%
2001 687.88 millions -23.3%
2002 687.95 millions +0.0%
2004 703.54 millions +2.3%
2007 1,164 millions +65.5%
2011 738.5 millions -36.6%
2014 1,022 millions +38.4%
2015 1,114 millions +9.0%
2016 1,082 millions -2.9%
2017 1,326 millions +22.6%
2018 1,484 millions +11.9%
2020 1,673 millions +12.7%
2021 1,794 millions +7.2%
2022 1,801 millions +0.4%
2023 1,838 millions +2.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 558.8 millions 432.05 millions 852.84 millions 5
2000s 827.96 millions 687.88 millions 1,164 millions 5
2010s 1,128 millions 738.5 millions 1,484 millions 6
2020s 1,777 millions 1,673 millions 1,838 millions 4

Countries ranked near Panama

  1. 62 Afghanistan 2,245 millions compare
  2. 63 Bulgaria 2,202 millions compare
  3. 64 Nepal 1,881 millions compare
  4. 66 Jordan 1,763 millions compare
  5. 67 Zambia 1,757 millions compare
  6. 68 Slovenia 1,745 millions compare

See the full ranking of 136 places →

More education data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on primary education, constant ppp$ in Panama?
Government expenditure on primary education, constant ppp$ in Panama was 1,838 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, constant ppp$ recorded in Panama?
The highest recorded value was 1,838 millions in 2023.
What is the lowest government expenditure on primary education, constant ppp$ recorded in Panama?
The lowest recorded value was 432.05 millions in 1994.
How does Panama rank for government expenditure on primary education, constant ppp$?
Panama ranks 65th out of 136 countries with data for 2023.
Is government expenditure on primary education, constant ppp$ rising or falling in Panama?
Over the last ten years it is up 79.9%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on primary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on primary education, constant PPP$ in Panama. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 25 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-primary-education-constant-ppp-millions-2/panama/

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About this data

Indicator
Government expenditure on primary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
136 places, 2,273 data points, 1990–2024
Last refreshed

February 2026 Data Release