Government expenditure on primary education, constant US$ in Panama

Panama: Government expenditure on primary education, constant US$ was 863 millions in 2023. ◆ Volatile

Latest (2023)
863 millions
Change on year
up 2.1%
World rank
66th
of 148 countries
All-time high
863 millions
in 2023
All-time low
115.7 millions
in 1970
Years of data
38
1970–2023

Government expenditure on primary education, constant US$ in Panama, 1970–2023

2004006008001970199620231970: 115.7 millions1971: 126.8 millions1972: 141.2 millions1973: 138.5 millions1974: 152.8 millions1975: 152.4 millions1976: 165.8 millions1977: 172 millions1978: 176.1 millions1979: 191.8 millions1980: 203.8 millions1981: 187.4 millions1982: 173.5 millions1983: 180.7 millions1984: 199.7 millions1985: 206.2 millions1986: 220.9 millions1987: 223.9 millions1994: 202.8 millions1995: 227.3 millions1996: 233 millions1997: 248.2 millions1999: 400.4 millions2000: 420.8 millions2001: 322.9 millions2002: 323 millions2004: 330.3 millions2007: 546.5 millions2011: 346.7 millions2014: 479.8 millions2015: 523.2 millions2016: 507.8 millions2017: 622.7 millions2018: 696.8 millions2020: 785.5 millions2021: 842.2 millions2022: 845.6 millions2023: 863 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2023, government expenditure on primary education, constant us$ in Panama stood at 863 millions. That is the highest value across all 38 years on record.

The figure 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 us$ in Panama peaked at 863 millions in 2023 and was at its lowest, 115.7 millions, in 1970.

That places Panama 66th out of 148 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 primary education, constant US$ in Panama, year by year

Annual values for Government expenditure on primary education, constant US$ (millions) in Panama, 1970 to 2023.
Year millions Change
1970 115.7 millions
1971 126.77 millions +9.6%
1972 141.23 millions +11.4%
1973 138.52 millions -1.9%
1974 152.75 millions +10.3%
1975 152.44 millions -0.2%
1976 165.76 millions +8.7%
1977 172.03 millions +3.8%
1978 176.06 millions +2.3%
1979 191.79 millions +8.9%
1980 203.78 millions +6.3%
1981 187.37 millions -8.1%
1982 173.47 millions -7.4%
1983 180.73 millions +4.2%
1984 199.72 millions +10.5%
1985 206.24 millions +3.3%
1986 220.87 millions +7.1%
1987 223.86 millions +1.4%
1994 202.84 millions -9.4%
1995 227.29 millions +12.1%
1996 233.04 millions +2.5%
1997 248.15 millions +6.5%
1999 400.38 millions +61.3%
2000 420.84 millions +5.1%
2001 322.94 millions -23.3%
2002 322.97 millions +0.0%
2004 330.29 millions +2.3%
2007 546.48 millions +65.5%
2011 346.7 millions -36.6%
2014 479.81 millions +38.4%
2015 523.17 millions +9.0%
2016 507.77 millions -2.9%
2017 622.75 millions +22.6%
2018 696.77 millions +11.9%
2020 785.53 millions +12.7%
2021 842.16 millions +7.2%
2022 845.58 millions +0.4%
2023 863 millions +2.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 153.31 millions 115.7 millions 191.79 millions 10
1980s 199.51 millions 173.47 millions 223.86 millions 8
1990s 262.34 millions 202.84 millions 400.38 millions 5
2000s 388.7 millions 322.94 millions 546.48 millions 5
2010s 529.5 millions 346.7 millions 696.77 millions 6
2020s 834.07 millions 785.53 millions 863 millions 4

Countries ranked near Panama

  1. 63 Uruguay 941.2 millions compare
  2. 64 Bulgaria 932.71 millions compare
  3. 65 Ethiopia 891.91 millions compare
  4. 67 Tanzania, United Republic of 785.43 millions compare
  5. 68 Jordan 756.16 millions compare
  6. 69 Qatar 725.24 millions compare

See the full ranking of 148 places →

More education data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on primary education, constant us$ in Panama?
Government expenditure on primary education, constant us$ in Panama was 863 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, constant us$ recorded in Panama?
The highest recorded value was 863 millions in 2023.
What is the lowest government expenditure on primary education, constant us$ recorded in Panama?
The lowest recorded value was 115.7 millions in 1970.
How does Panama rank for government expenditure on primary education, constant us$?
Panama ranks 66th out of 148 countries with data for 2023.
Is government expenditure on primary education, constant us$ rising or falling in Panama?
Over the last ten years it is up 79.9%. 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 primary education, constant US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on primary education, constant US$ 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-us-millions-2/panama/

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About this data

Indicator
Government expenditure on primary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
148 places, 3,227 data points, 1970–2024
Last refreshed

February 2026 Data Release