Government expenditure on tertiary education, constant PPP$ in Panama
Panama: Government expenditure on tertiary education, constant PPP$ was 1,059 millions in 2023. ▲ Rising
Government expenditure on tertiary education, constant PPP$ in Panama, 1994–2023
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
In 2023, government expenditure on tertiary education, constant ppp$ in Panama stood at 1,059 millions.
The figure is down 0.2% on the previous year and up 39.2% over ten years.
Over the whole period, government expenditure on tertiary education, constant ppp$ in Panama peaked at 1,069 millions in 2020 and was at its lowest, 360.33 millions, in 1994.
Panama ranks 76th of 146 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 tertiary education, constant PPP$ in Panama, year by year
| Year | millions | Change |
|---|---|---|
| 1994 | 360.33 millions | — |
| 1995 | 369.12 millions | +2.4% |
| 1996 | 409.36 millions | +10.9% |
| 1997 | 448.06 millions | +9.5% |
| 1999 | 579.85 millions | +29.4% |
| 2000 | 603.98 millions | +4.2% |
| 2001 | 544.73 millions | -9.8% |
| 2002 | 603.07 millions | +10.7% |
| 2004 | 577.89 millions | -4.2% |
| 2011 | 699.79 millions | +21.1% |
| 2012 | 760.86 millions | +8.7% |
| 2014 | 721.19 millions | -5.2% |
| 2015 | 801.19 millions | +11.1% |
| 2016 | 830.86 millions | +3.7% |
| 2017 | 855.96 millions | +3.0% |
| 2018 | 890.53 millions | +4.0% |
| 2020 | 1,069 millions | +20.1% |
| 2021 | 1,059 millions | -1.0% |
| 2022 | 1,061 millions | +0.2% |
| 2023 | 1,059 millions | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 433.35 millions | 360.33 millions | 579.85 millions | 5 |
| 2000s | 582.42 millions | 544.73 millions | 603.98 millions | 4 |
| 2010s | 794.34 millions | 699.79 millions | 890.53 millions | 7 |
| 2020s | 1,062 millions | 1,059 millions | 1,069 millions | 4 |
Countries ranked near Panama
More education data for Panama
- Primary education, teachers, gaps filled 19,072 (2017)
- Duration of pre primary education, annual growth rate 0 % change on previous year (2025)
- Duration of pre primary education 2 (2025)
- Official entrance age to pre primary education 4 (2025)
- Population ages 15-64 65.8% (2025)
- Population ages 0-14 24.5% (2025)
- Lower secondary school starting age 12 years (2025)
- Primary school starting age 6 years (2025)
- Primary secondary enrollment completion rates, gaps filled 96.94 (2024)
- School enrollment, primary 96.9% (2024)
Frequently asked questions
- What is government expenditure on tertiary education, constant ppp$ in Panama?
- Government expenditure on tertiary education, constant ppp$ in Panama was 1,059 millions in 2023, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on tertiary education, constant ppp$ recorded in Panama?
- The highest recorded value was 1,069 millions in 2020.
- What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Panama?
- The lowest recorded value was 360.33 millions in 1994.
- How does Panama rank for government expenditure on tertiary education, constant ppp$?
- Panama ranks 76th out of 146 countries with data for 2023.
- Is government expenditure on tertiary education, constant ppp$ rising or falling in Panama?
- Over the last ten years it is up 39.2%. 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 tertiary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release