Government expenditure on secondary education, constant PPP$ in Panama

Panama: Government expenditure on secondary education, constant PPP$ was 1,490 millions in 2023. ▲ Rising

Latest (2023)
1,490 millions
Change on year
up 1.5%
World rank
69th
of 137 countries
All-time high
1,490 millions
in 2023
All-time low
302.57 millions
in 1994
Years of data
20
1994–2023

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

2505007501.0k1.2k1.5k1994200820231994: 302.6 millions1995: 336.1 millions1996: 335.1 millions1997: 372.4 millions1999: 696.5 millions2000: 807.6 millions2001: 543.5 millions2002: 626.5 millions2004: 528.9 millions2007: 826.8 millions2011: 705.7 millions2014: 1.0k millions2015: 1.1k millions2016: 1.1k millions2017: 1.2k millions2018: 1.2k millions2020: 1.2k millions2021: 1.4k millions2022: 1.5k millions2023: 1.5k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2023, government expenditure on secondary education, constant ppp$ in Panama stood at 1,490 millions. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 1.5% on the previous year and up 42.5% over ten years.

Over the whole period, government expenditure on secondary education, constant ppp$ in Panama peaked at 1,490 millions in 2023 and was at its lowest, 302.57 millions, in 1994.

That places Panama 69th out of 137 countries with data for 2023, putting it in the middle of the range.

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

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

Annual values for Government expenditure on secondary education, constant PPP$ (millions) in Panama, 1994 to 2023.
Year millions Change
1994 302.57 millions
1995 336.12 millions +11.1%
1996 335.13 millions -0.3%
1997 372.37 millions +11.1%
1999 696.51 millions +87.0%
2000 807.63 millions +16.0%
2001 543.51 millions -32.7%
2002 626.49 millions +15.3%
2004 528.87 millions -15.6%
2007 826.82 millions +56.3%
2011 705.67 millions -14.7%
2014 1,046 millions +48.2%
2015 1,053 millions +0.7%
2016 1,143 millions +8.5%
2017 1,186 millions +3.8%
2018 1,163 millions -2.0%
2020 1,239 millions +6.5%
2021 1,421 millions +14.8%
2022 1,468 millions +3.3%
2023 1,490 millions +1.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 408.54 millions 302.57 millions 696.51 millions 5
2000s 666.67 millions 528.87 millions 826.82 millions 5
2010s 1,049 millions 705.67 millions 1,186 millions 6
2020s 1,405 millions 1,239 millions 1,490 millions 4

Countries ranked near Panama

  1. 66 Jordan 1,789 millions compare
  2. 67 Uruguay 1,728 millions compare
  3. 68 Luxembourg 1,574 millions compare
  4. 70 Paraguay 1,452 millions compare
  5. 71 Cameroon 1,384 millions compare
  6. 72 Ethiopia 1,364 millions compare

See the full ranking of 137 places →

More education data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on secondary education, constant ppp$ in Panama?
Government expenditure on secondary education, constant ppp$ in Panama was 1,490 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on secondary education, constant ppp$ recorded in Panama?
The highest recorded value was 1,490 millions in 2023.
What is the lowest government expenditure on secondary education, constant ppp$ recorded in Panama?
The lowest recorded value was 302.57 millions in 1994.
How does Panama rank for government expenditure on secondary education, constant ppp$?
Panama ranks 69th out of 137 countries with data for 2023.
Is government expenditure on secondary education, constant ppp$ rising or falling in Panama?
Over the last ten years it is up 42.5%. 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 secondary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on secondary education, constant PPP$ in Panama. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 28 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-secondary-education-constant-ppp-millions-2/panama/

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About this data

Indicator
Government expenditure on secondary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
137 places, 2,275 data points, 1990–2024
Last refreshed

February 2026 Data Release