Government expenditure on primary education, PPP$ in Panama

Panama: Government expenditure on primary education, PPP$ was 1,838 millions in 2023. ◆ Volatile

Latest (2023)
1,838 millions
Change on year
up 5.7%
World rank
61st
of 138 countries
All-time high
1,838 millions
in 2023
All-time low
195.01 millions
in 1994
Years of data
20
1994–2023

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

05001.0k1.5k2.0k1994200820231994: 195 millions1995: 223.1 millions1996: 232.9 millions1997: 252.3 millions1999: 417.5 millions2000: 448.8 millions2001: 352.1 millions2002: 357.6 millions2004: 383 millions2007: 692 millions2011: 465.1 millions2014: 775.9 millions2015: 913.9 millions2016: 959.1 millions2017: 1.3k millions2018: 1.3k millions2020: 1.5k millions2021: 1.6k millions2022: 1.7k millions2023: 1.8k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

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

The figure is up 5.7% on the previous year and up 136.9% over ten years.

Over the whole period, government expenditure on primary education, ppp$ in Panama peaked at 1,838 millions in 2023 and was at its lowest, 195.01 millions, in 1994.

Panama ranks 61st of 138 countries on this measure, 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, PPP$ in Panama, year by year

Annual values for Government expenditure on primary education, PPP$ (millions) in Panama, 1994 to 2023.
Year millions Change
1994 195.01 millions
1995 223.11 millions +14.4%
1996 232.94 millions +4.4%
1997 252.32 millions +8.3%
1999 417.51 millions +65.5%
2000 448.79 millions +7.5%
2001 352.14 millions -21.5%
2002 357.65 millions +1.6%
2004 383 millions +7.1%
2007 691.97 millions +80.7%
2011 465.1 millions -32.8%
2014 775.88 millions +66.8%
2015 913.94 millions +17.8%
2016 959.06 millions +4.9%
2017 1,253 millions +30.7%
2018 1,328 millions +6.0%
2020 1,515 millions +14.1%
2021 1,616 millions +6.7%
2022 1,739 millions +7.6%
2023 1,838 millions +5.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 264.18 millions 195.01 millions 417.51 millions 5
2000s 446.71 millions 352.14 millions 691.97 millions 5
2010s 949.27 millions 465.1 millions 1,328 millions 6
2020s 1,677 millions 1,515 millions 1,838 millions 4

Countries ranked near Panama

  1. 58 Slovakia 2,380 millions compare
  2. 59 Myanmar 2,333 millions compare
  3. 60 Bulgaria 2,149 millions compare
  4. 62 Jordan 1,805 millions compare
  5. 63 Tunisia 1,730 millions compare
  6. 64 Ethiopia 1,730 millions compare

See the full ranking of 138 places →

More education data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on primary education, ppp$ in Panama?
Government expenditure on primary education, ppp$ in Panama was 1,838 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on primary education, ppp$ recorded in Panama?
The highest recorded value was 1,838 millions in 2023.
What is the lowest government expenditure on primary education, ppp$ recorded in Panama?
The lowest recorded value was 195.01 millions in 1994.
How does Panama rank for government expenditure on primary education, ppp$?
Panama ranks 61st out of 138 countries with data for 2023.
Is government expenditure on primary education, ppp$ rising or falling in Panama?
Over the last ten years it is up 136.9%. 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, PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on primary education, 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-ppp-millions-2/panama/

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About this data

Indicator
Government expenditure on primary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
138 places, 2,288 data points, 1990–2024
Last refreshed

February 2026 Data Release