Government expenditure on secondary education, PPP$ in Panama

Panama: Government expenditure on secondary education, PPP$ was 1,490 millions in 2023. ◆ Volatile

Latest (2023)
1,490 millions
Change on year
up 5.2%
World rank
70th
of 139 countries
All-time high
1,490 millions
in 2023
All-time low
136.57 millions
in 1994
Years of data
20
1994–2023

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

05001.0k1.5k1994200820231994: 136.6 millions1995: 154.9 millions1996: 157.3 millions1997: 177.8 millions1999: 341 millions2000: 404.3 millions2001: 278.2 millions2002: 325.7 millions2004: 287.9 millions2007: 491.5 millions2011: 444.4 millions2014: 794.2 millions2015: 863.8 millions2016: 1.0k millions2017: 1.1k millions2018: 1.0k millions2020: 1.1k millions2021: 1.3k millions2022: 1.4k millions2023: 1.5k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on secondary education, ppp$ in Panama is 1,490 millions, measured in 2023. That is the highest value across all 20 years on record.

The figure is up 5.2% on the previous year and up 87.7% over ten years.

Over the whole period, government expenditure on secondary education, ppp$ in Panama peaked at 1,490 millions in 2023 and was at its lowest, 136.57 millions, in 1994.

Panama ranks 70th of 139 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 secondary education, PPP$ in Panama, year by year

Annual values for Government expenditure on secondary education, PPP$ (millions) in Panama, 1994 to 2023.
Year millions Change
1994 136.57 millions
1995 154.89 millions +13.4%
1996 157.26 millions +1.5%
1997 177.75 millions +13.0%
1999 340.98 millions +91.8%
2000 404.34 millions +18.6%
2001 278.24 millions -31.2%
2002 325.7 millions +17.1%
2004 287.91 millions -11.6%
2007 491.51 millions +70.7%
2011 444.42 millions -9.6%
2014 794.18 millions +78.7%
2015 863.78 millions +8.8%
2016 1,013 millions +17.3%
2017 1,121 millions +10.6%
2018 1,040 millions -7.2%
2020 1,122 millions +7.8%
2021 1,281 millions +14.2%
2022 1,417 millions +10.7%
2023 1,490 millions +5.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 193.49 millions 136.57 millions 340.98 millions 5
2000s 357.54 millions 278.24 millions 491.51 millions 5
2010s 879.53 millions 444.42 millions 1,121 millions 6
2020s 1,328 millions 1,122 millions 1,490 millions 4

Countries ranked near Panama

  1. 67 Jordan 1,832 millions compare
  2. 68 Uruguay 1,728 millions compare
  3. 69 Luxembourg 1,542 millions compare
  4. 71 Paraguay 1,487 millions compare
  5. 72 Latvia 1,043 millions compare
  6. 73 Cyprus 1,017 millions compare

See the full ranking of 139 places →

More education data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on secondary education, ppp$ in Panama?
Government expenditure on secondary education, ppp$ in Panama was 1,490 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on secondary education, ppp$ recorded in Panama?
The highest recorded value was 1,490 millions in 2023.
What is the lowest government expenditure on secondary education, ppp$ recorded in Panama?
The lowest recorded value was 136.57 millions in 1994.
How does Panama rank for government expenditure on secondary education, ppp$?
Panama ranks 70th out of 139 countries with data for 2023.
Is government expenditure on secondary education, ppp$ rising or falling in Panama?
Over the last ten years it is up 87.7%. 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 secondary education, PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on secondary education, PPP$ in Panama. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 27 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-secondary-education-ppp-millions-2/panama/

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About this data

Indicator
Government expenditure on secondary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
139 places, 2,290 data points, 1990–2024
Last refreshed

February 2026 Data Release