Percentage of graduates from tertiary education graduating from in Panama

Panama: Percentage of graduates from tertiary education graduating from was 25.8% in 2023. ▼ Falling

Latest (2023)
25.8%
Change on year
down 7.6%
World rank
68th
of 124 countries
All-time high
34.2%
in 2003
All-time low
22.5%
in 2019
Years of data
18
2002–2023

Percentage of graduates from tertiary education graduating from in Panama, 2002–2023

01020302002201220232002: 31.9 %2003: 34.2 %2004: 32.6 %2005: 32 %2006: 28.1 %2007: 32.3 %2008: 32 %2009: 32.1 %2010: 31.8 %2011: 28.4 %2014: 27.9 %2015: 30.2 %2016: 26.4 %2019: 22.5 %2020: 29.3 %2021: 27.5 %2022: 27.9 %2023: 25.8 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

The most recent figure for percentage of graduates from tertiary education graduating from in Panama is 25.8%, measured in 2023.

That represents a change of down 7.6% on the previous year and down 7.6% over ten years.

Over the whole period, percentage of graduates from tertiary education graduating from in Panama peaked at 34.2% in 2003 and was at its lowest, 22.5%, in 2019.

That places Panama 68th out of 124 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 18 years of available data.

Percentage of graduates from tertiary education graduating from in Panama, year by year

Annual values for Percentage of graduates from tertiary education graduating from Business, Administration and Law programmes, both sexes (%) in Panama, 2002 to 2023.
Year % Change
2002 31.9%
2003 34.2% +7.3%
2004 32.6% -4.5%
2005 32.0% -2.0%
2006 28.1% -12.3%
2007 32.3% +15.1%
2008 32.0% -0.9%
2009 32.1% +0.2%
2010 31.8% -0.7%
2011 28.4% -11.0%
2014 27.9% -1.6%
2015 30.2% +8.2%
2016 26.4% -12.5%
2019 22.5% -15.0%
2020 29.3% +30.2%
2021 27.5% -5.9%
2022 27.9% +1.4%
2023 25.8% -7.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.9% 28.1% 34.2% 8
2010s 27.9% 22.5% 31.8% 6
2020s 27.6% 25.8% 29.3% 4

Countries ranked near Panama

  1. 65 Russian Federation 26.1% compare
  2. 66 Switzerland 26.0% compare
  3. 67 Hungary 25.9% compare
  4. 69 Lithuania 25.7% compare
  5. 70 Canada 25.5% compare
  6. 71 Ireland 25.2% compare

See the full ranking of 124 places →

More education data for Panama

All data for Panama →

Frequently asked questions

What is percentage of graduates from tertiary education graduating from in Panama?
Percentage of graduates from tertiary education graduating from in Panama was 25.8% in 2023, according to UNESCO Institute for Statistics.
What is the highest percentage of graduates from tertiary education graduating from recorded in Panama?
The highest recorded value was 34.2% in 2003.
What is the lowest percentage of graduates from tertiary education graduating from recorded in Panama?
The lowest recorded value was 22.5% in 2019.
How does Panama rank for percentage of graduates from tertiary education graduating from?
Panama ranks 68th out of 124 countries with data for 2023.
Is percentage of graduates from tertiary education graduating from rising or falling in Panama?
Over the last ten years it is down 7.6%. 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 Percentage of graduates from tertiary education graduating from Business, Administration and Law programmes, both sexes (%). Statizoid updates them automatically from the source API.

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Percentage of graduates from tertiary education graduating from in Panama. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 03 September 2026, from https://education.statizoid.com/stat/percentage-of-graduates-from-tertiary-education-graduating-from-business-administration-2/panama/

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About this data

Indicator
Percentage of graduates from tertiary education graduating from Business, Administration and Law programmes, both sexes (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
124 places, 1,758 data points, 1998–2025
Last refreshed

February 2026 Data Release