Education expenditure (% of GDP) — all countries

Education expenditure (% of GDP) — Panama

Education expenditure (% of GDP) in Panama in 2023 — 2.47%. Ranked 97 in the world out of 121. Since 1970, the indicator has fallen by 1.57 pp.

2023 2.47% −0.91 pp vs 2022
World rank 97of 121
Period maximum 4.89%2000
Period minimum 2.47%2023

Trend over time

1970–2023 · % of GDP

Education expenditure (% of GDP) — Panama, 1970–2023234519701976198219881994200020062012201820231970: 4.04%1971: 3.35%1972: 3.98%1973: 3.49%1974: 3.82%1975: 4.15%1976: 4.31%1977: 4.28%1978: 3.61%1979: 3.64%1980: 3.54%1981: 3.43%1982: 3.42%1983: 3.55%1984: 3.47%1985: 3.52%1986: 3.35%1987: 3.87%1994: 3.47%1995: 3.95%1996: 4.39%1997: 4.08%1999: 4.75%2000: 4.89%2001: 4.19%2002: 4.25%2003: 4.2%2004: 3.56%2008: 3.43%2011: 3.07%2014: 3.08%2015: 3.27%2016: 3.32%2017: 3.38%2018: 3.45%2019: 3.28%2020: 4.3%2021: 3.71%2022: 3.38%2023: 2.47%
Change over the period: −1.57 pp Annual average: -0.03 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Panama

Panama 2.47%
World 3.57%
Central America computed 3.63%
Education expenditure (% of GDP) — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2023 2.47 −0.91 pp
2022 3.38 −0.33 pp
2021 3.71 −0.59 pp
2020 4.3 +1.02 pp
2019 3.28 −0.17 pp
2018 3.45 +0.07 pp
2017 3.38 +0.06 pp
2016 3.32 +0.06 pp
2015 3.27 +0.18 pp
2014 3.08
2011 3.07
2008 3.43
2004 3.56 −0.64 pp
2003 4.2 −0.06 pp
2002 4.25 +0.07 pp
2001 4.19 −0.7 pp
2000 4.89 +0.14 pp
1999 4.75
1997 4.08 −0.31 pp
1996 4.39 +0.45 pp
1995 3.95 +0.48 pp
1994 3.47
1987 3.87 +0.52 pp
1986 3.35 −0.18 pp
1985 3.52 +0.05 pp
1984 3.47 −0.08 pp
1983 3.55 +0.13 pp
1982 3.42 −0.01 pp
1981 3.43 −0.1 pp
1980 3.54 −0.11 pp
1979 3.64 +0.04 pp
1978 3.61 −0.67 pp
1977 4.28 −0.03 pp
1976 4.31 +0.16 pp
1975 4.15 +0.33 pp
1974 3.82 +0.33 pp
1973 3.49 −0.5 pp
1972 3.98 +0.63 pp
1971 3.35 −0.69 pp
1970 4.04

Central America, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

Total government expenditure on education (current, capital and transfers) as a percentage of GDP, covering all levels from preprimary to tertiary. The international benchmark of the Incheon Declaration is 4–6% of GDP. The indicator leaves out private spending by households, which in some countries is comparable to public spending.

Source: UNESCO Institute for Statistics (UIS), license CC BY-SA 3.0 IGO.