Initial government funding per tertiary student as a percentage of in Panama

Panama: Initial government funding per tertiary student as a percentage of was 13.8% in 2022. ▼ Falling

Latest (2022)
13.8%
Change on year
down 17.0%
World rank
100th
of 120 countries
All-time high
33.7%
in 1999
All-time low
13.8%
in 2022
Years of data
13
1999–2022

Initial government funding per tertiary student as a percentage of in Panama, 1999–2022

01020301999201020221999: 33.72000: 31.52001: 28.92002: 31.92004: 25.52011: 18.92012: 18.22014: 15.42015: 15.42016: 15.12020: 22.92021: 16.72022: 13.8

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for initial government funding per tertiary student as a percentage of in Panama is 13.8%, measured in 2022. That is the lowest value across all 13 years on record.

Compared with earlier readings it is down 17.0% on the previous year and down 23.9% over ten years.

Over the whole period, initial government funding per tertiary student as a percentage of in Panama peaked at 33.7% in 1999 and was at its lowest, 13.8%, in 2022.

That places Panama 100th out of 120 countries with data for 2022, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 13 years of available data.

Initial government funding per tertiary student as a percentage of in Panama, year by year

Annual values for Initial government funding per tertiary student as a percentage of GDP per capita in Panama, 1999 to 2022.
Year Value Change
1999 33.7%
2000 31.5% -6.4%
2001 28.9% -8.4%
2002 31.9% +10.4%
2004 25.5% -19.9%
2011 18.9% -25.9%
2012 18.2% -3.9%
2014 15.4% -14.9%
2015 15.4% -0.3%
2016 15.1% -1.9%
2020 22.9% +51.4%
2021 16.7% -27.1%
2022 13.8% -17.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 33.7% 33.7% 33.7% 1
2000s 29.4% 25.5% 31.9% 4
2010s 16.6% 15.1% 18.9% 5
2020s 17.8% 13.8% 22.9% 3

Countries ranked near Panama

  1. 97 Ireland 15.4% compare
  2. 98 Israel 14.9% compare
  3. 99 Singapore 14.1% compare
  4. 101 Cyprus 13.6% compare
  5. 102 Latvia 13.2% compare
  6. 103 Paraguay 13.1% compare

See the full ranking of 120 places →

More education data for Panama

All data for Panama →

Frequently asked questions

What is initial government funding per tertiary student as a percentage of in Panama?
Initial government funding per tertiary student as a percentage of in Panama was 13.8% in 2022, according to UNESCO Institute for Statistics.
What is the highest initial government funding per tertiary student as a percentage of recorded in Panama?
The highest recorded value was 33.7% in 1999.
What is the lowest initial government funding per tertiary student as a percentage of recorded in Panama?
The lowest recorded value was 13.8% in 2022.
How does Panama rank for initial government funding per tertiary student as a percentage of?
Panama ranks 100th out of 120 countries with data for 2022.
Is initial government funding per tertiary student as a percentage of rising or falling in Panama?
Over the last ten years it is down 23.9%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from UNESCO Institute for Statistics, published as part of Initial government funding per tertiary student as a percentage of GDP per capita. Statizoid updates them automatically from the source API.

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Initial government funding per tertiary student as a percentage of in Panama. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 06 September 2026, from https://education.statizoid.com/stat/initial-government-funding-per-tertiary-student-as-a-percentage-of-gdp-per-capita-2/panama/

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About this data

Indicator
Initial government funding per tertiary student as a percentage of GDP per capita
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
120 places, 1,713 data points, 1970–2024
Last refreshed

February 2026 Data Release