Government expenditure on tertiary education, constant US$ in Panama
Panama: Government expenditure on tertiary education, constant US$ was 497.12 millions in 2023. ◆ Volatile
Latest (2023)
497.12 millions
Change on year
down 0.2%
World rank
78th
of 159 countries
All-time high
502.01 millions
in 2020
All-time low
31.78 millions
in 1970
Years of data
38
1970–2023
Government expenditure on tertiary education, constant US$ in Panama, 1970–2023
Source: UNESCO Institute for Statistics. Measured in millions.
Analysis
In 2023, government expenditure on tertiary education, constant us$ in Panama stood at 497.12 millions.
That represents a change of down 0.2% on the previous year and up 39.2% over ten years.
Over the whole period, government expenditure on tertiary education, constant us$ in Panama peaked at 502.01 millions in 2020 and was at its lowest, 31.78 millions, in 1970.
That places Panama 78th out of 159 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 tertiary education, constant US$ in Panama, year by year
| Year | millions | Change |
|---|---|---|
| 1970 | 31.78 millions | — |
| 1971 | 32.42 millions | +2.0% |
| 1972 | 39.84 millions | +22.9% |
| 1973 | 46.68 millions | +17.2% |
| 1974 | 54.92 millions | +17.6% |
| 1975 | 55.18 millions | +0.5% |
| 1976 | 55.31 millions | +0.2% |
| 1977 | 57.54 millions | +4.0% |
| 1978 | 56.33 millions | -2.1% |
| 1979 | 59.11 millions | +4.9% |
| 1980 | 65.28 millions | +10.4% |
| 1981 | 84.46 millions | +29.4% |
| 1982 | 103.1 millions | +22.1% |
| 1983 | 100.83 millions | -2.2% |
| 1984 | 105.09 millions | +4.2% |
| 1985 | 110.82 millions | +5.4% |
| 1986 | 116.23 millions | +4.9% |
| 1987 | 148.91 millions | +28.1% |
| 1994 | 169.16 millions | +13.6% |
| 1995 | 173.29 millions | +2.4% |
| 1996 | 192.18 millions | +10.9% |
| 1997 | 210.35 millions | +9.5% |
| 1999 | 272.22 millions | +29.4% |
| 2000 | 283.55 millions | +4.2% |
| 2001 | 255.73 millions | -9.8% |
| 2002 | 283.12 millions | +10.7% |
| 2004 | 271.3 millions | -4.2% |
| 2011 | 328.53 millions | +21.1% |
| 2012 | 357.2 millions | +8.7% |
| 2014 | 338.57 millions | -5.2% |
| 2015 | 376.13 millions | +11.1% |
| 2016 | 390.06 millions | +3.7% |
| 2017 | 401.85 millions | +3.0% |
| 2018 | 418.07 millions | +4.0% |
| 2020 | 502.01 millions | +20.1% |
| 2021 | 497.08 millions | -1.0% |
| 2022 | 497.94 millions | +0.2% |
| 2023 | 497.12 millions | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.91 millions | 31.78 millions | 59.11 millions | 10 |
| 1980s | 104.34 millions | 65.28 millions | 148.91 millions | 8 |
| 1990s | 203.44 millions | 169.16 millions | 272.22 millions | 5 |
| 2000s | 273.43 millions | 255.73 millions | 283.55 millions | 4 |
| 2010s | 372.92 millions | 328.53 millions | 418.07 millions | 7 |
| 2020s | 498.54 millions | 497.08 millions | 502.01 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 us$ in Panama?
- Government expenditure on tertiary education, constant us$ in Panama was 497.12 millions in 2023, according to UNESCO Institute for Statistics.
- What is the highest government expenditure on tertiary education, constant us$ recorded in Panama?
- The highest recorded value was 502.01 millions in 2020.
- What is the lowest government expenditure on tertiary education, constant us$ recorded in Panama?
- The lowest recorded value was 31.78 millions in 1970.
- How does Panama rank for government expenditure on tertiary education, constant us$?
- Panama ranks 78th out of 159 countries with data for 2023.
- Is government expenditure on tertiary education, constant us$ rising or falling in Panama?
- Over the last ten years it is up 39.2%. 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 tertiary education, constant US$ (millions). Statizoid updates them automatically from the source API.
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CSV · JSON — 38 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release