Percentage of graduates from tertiary education graduating from in Panama

Panama: Percentage of graduates from tertiary education graduating from was 24.6% in 2023. ▼ Falling

Latest (2023)
24.6%
Change on year
down 9.5%
World rank
67th
of 122 countries
All-time high
33.1%
in 2003
All-time low
15.7%
in 2019
Years of data
18
2002–2023

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

01020302002201220232002: 30.1 %2003: 33.1 %2004: 31.7 %2005: 31.8 %2006: 22.7 %2007: 26.4 %2008: 26.5 %2009: 26.2 %2010: 25.4 %2011: 30.1 %2014: 26.6 %2015: 30.2 %2016: 23.9 %2019: 15.7 %2020: 29.1 %2021: 25.7 %2022: 27.1 %2023: 24.6 %

Source: UNESCO Institute for Statistics. Measured in %.

Analysis

In 2023, percentage of graduates from tertiary education graduating from in Panama stood at 24.6%.

That represents a change of down 9.5% on the previous year and down 7.7% over ten years.

Over the whole period, percentage of graduates from tertiary education graduating from in Panama peaked at 33.1% in 2003 and was at its lowest, 15.7%, in 2019.

That places Panama 67th out of 122 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, male (%) in Panama, 2002 to 2023.
Year % Change
2002 30.1%
2003 33.1% +10.0%
2004 31.7% -4.3%
2005 31.8% +0.5%
2006 22.7% -28.7%
2007 26.4% +16.4%
2008 26.5% +0.3%
2009 26.2% -1.1%
2010 25.4% -3.1%
2011 30.1% +18.5%
2014 26.6% -11.7%
2015 30.2% +13.6%
2016 23.9% -20.8%
2019 15.7% -34.5%
2020 29.1% +86.0%
2021 25.7% -11.9%
2022 27.1% +5.6%
2023 24.6% -9.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 28.6% 22.7% 33.1% 8
2010s 25.3% 15.7% 30.2% 6
2020s 26.6% 24.6% 29.1% 4

Countries ranked near Panama

  1. 64 Lithuania 25.4% compare
  2. 65 Argentina 24.7% compare
  3. 66 Belgium 24.7% compare
  4. 68 Singapore 24.4% compare
  5. 69 Tanzania, United Republic of 23.9% compare
  6. 70 New Zealand 23.7% compare

See the full ranking of 122 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 24.6% 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 33.1% in 2003.
What is the lowest percentage of graduates from tertiary education graduating from recorded in Panama?
The lowest recorded value was 15.7% in 2019.
How does Panama rank for percentage of graduates from tertiary education graduating from?
Panama ranks 67th out of 122 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 7.7%. 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, male (%). 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-4/panama/

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About this data

Indicator
Percentage of graduates from tertiary education graduating from Business, Administration and Law programmes, male (%)
Unit
%
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
122 places, 1,698 data points, 1998–2025
Last refreshed

February 2026 Data Release