Adjusted savings: education expenditure in Panama
Panama: Adjusted savings: education expenditure was 2.8% in 2021. ▼ Falling
Adjusted savings: education expenditure in Panama, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Panama recorded 2.8% for adjusted savings: education expenditure in 2021. That is the lowest value across all 52 years on record.
That represents a change of unchanged over ten years.
Over the whole period, adjusted savings: education expenditure in Panama peaked at 5.2% in 1976 and was at its lowest, 2.8%, in 2011.
Panama ranks 152nd of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Adjusted savings: education expenditure in Panama, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 4.9% | — |
| 1971 | 4.1% | -16.3% |
| 1972 | 4.4% | +7.3% |
| 1973 | 4.2% | -4.5% |
| 1974 | 4.3% | +2.4% |
| 1975 | 5.0% | +16.3% |
| 1976 | 5.2% | +4.0% |
| 1977 | 5.2% | +0.0% |
| 1978 | 4.3% | -17.3% |
| 1979 | 4.4% | +2.3% |
| 1980 | 4.5% | +2.3% |
| 1981 | 4.2% | -6.7% |
| 1982 | 3.8% | -9.5% |
| 1983 | 4.0% | +5.3% |
| 1984 | 4.3% | +7.5% |
| 1985 | 4.3% | +0.0% |
| 1986 | 4.3% | +0.0% |
| 1987 | 4.4% | +2.3% |
| 1988 | 4.9% | +11.4% |
| 1989 | 5.1% | +4.1% |
| 1990 | 4.6% | -9.8% |
| 1991 | 4.6% | +0.0% |
| 1992 | 4.6% | +0.0% |
| 1993 | 4.7% | +2.9% |
| 1994 | 4.2% | -11.3% |
| 1995 | 4.6% | +9.5% |
| 1996 | 4.2% | -8.7% |
| 1997 | 3.9% | -7.1% |
| 1998 | 5.1% | +30.5% |
| 1999 | 4.9% | -4.4% |
| 2000 | 4.6% | -4.6% |
| 2001 | 4.4% | -4.8% |
| 2002 | 3.4% | -23.4% |
| 2003 | 3.3% | -2.4% |
| 2004 | 3.2% | -2.4% |
| 2005 | 3.1% | -2.5% |
| 2006 | 3.1% | -2.6% |
| 2007 | 3.0% | -2.6% |
| 2008 | 2.9% | -2.7% |
| 2009 | 2.9% | -1.1% |
| 2010 | 2.8% | -1.2% |
| 2011 | 2.8% | -1.2% |
| 2012 | 2.8% | +0.0% |
| 2013 | 2.8% | +0.0% |
| 2014 | 2.8% | +0.0% |
| 2015 | 2.8% | +0.0% |
| 2016 | 2.8% | +0.0% |
| 2017 | 2.8% | +0.0% |
| 2018 | 2.8% | +0.0% |
| 2019 | 2.8% | +0.0% |
| 2020 | 2.8% | +0.0% |
| 2021 | 2.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.6% | 4.1% | 5.2% | 10 |
| 1980s | 4.4% | 3.8% | 5.1% | 10 |
| 1990s | 4.5% | 3.9% | 5.1% | 10 |
| 2000s | 3.4% | 2.9% | 4.6% | 10 |
| 2010s | 2.8% | 2.8% | 2.8% | 10 |
| 2020s | 2.8% | 2.8% | 2.8% | 2 |
Countries ranked near Panama
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate -7.13 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2986 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 5,722 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -4.99 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.3932 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 7,533 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate -4.99 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.3932 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: education expenditure in Panama?
- Adjusted savings: education expenditure in Panama was 2.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Panama?
- The highest recorded value was 5.2% in 1976.
- What is the lowest adjusted savings: education expenditure recorded in Panama?
- The lowest recorded value was 2.8% in 2011.
- How does Panama rank for adjusted savings: education expenditure?
- Panama ranks 152nd out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Panama?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.