Share edu spending gdp vs share edu total spending in Panama

Panama: Share edu spending gdp vs share edu total spending was 16.28 in 2024. ▼ Falling

Latest (2024)
16.28
Change on year
up 41.7%
World rank
45th
of 190 countries
All-time high
19.83
in 2000
All-time low
11.49
in 2023
Years of data
22
1995–2024

Share edu spending gdp vs share edu total spending in Panama, 1995–2024

051015201995200920241995: 17.41996: 17.71997: 16.51999: 18.82000: 19.82001: 16.62002: 172003: 16.32004: 14.62008: 14.92011: 12.92014: 13.32015: 15.22016: 15.52017: 15.92018: 15.82019: 15.62020: 15.62021: 15.62022: 15.82023: 11.52024: 16.3

Source: Our World in Data.

Analysis

Panama recorded 16.28 for share edu spending gdp vs share edu total spending in 2024.

That represents a change of up 41.7% on the previous year and up 22.1% over ten years.

Over the whole period, share edu spending gdp vs share edu total spending in Panama peaked at 19.83 in 2000 and was at its lowest, 11.49, in 2023.

That places Panama 45th out of 190 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 17.6 16.48 18.84 4
2000s 16.54 14.58 19.83 6
2010s 14.9 12.94 15.88 7
2020s 14.96 11.49 16.28 5

Countries ranked near Panama

  1. 42 Ethiopia, The Federal Democratic Republic of 16.7 compare
  2. 43 Chad 16.48 compare
  3. 44 Curaçao, Kingdom of the Netherlands 16.44 compare
  4. 46 Guinea-Bissau 16.19 compare
  5. 47 Israel 16.07 compare
  6. 48 Malawi 16 compare

See the full ranking of 194 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is share edu spending gdp vs share edu total spending in Panama?
Share edu spending gdp vs share edu total spending in Panama was 16.28 in 2024, according to Our World in Data.
What is the highest share edu spending gdp vs share edu total spending recorded in Panama?
The highest recorded value was 19.83 in 2000.
What is the lowest share edu spending gdp vs share edu total spending recorded in Panama?
The lowest recorded value was 11.49 in 2023.
How does Panama rank for share edu spending gdp vs share edu total spending?
Panama ranks 45th out of 190 countries with data for 2024.
Is share edu spending gdp vs share edu total spending rising or falling in Panama?
Over the last ten years it is up 22.1%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from Our World in Data, published as part of Share edu spending gdp vs share edu total spending. Statizoid updates them automatically from the source API.

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Share edu spending gdp vs share edu total spending in Panama. Statizoid, drawing on Our World in Data. Retrieved 19 August 2026, from https://economy.statizoid.com/stat/share-edu-spending-gdp-vs-share-edu-total-spending/panama/

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About this data

Indicator
Share edu spending gdp vs share edu total spending
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 4,043 data points, 1980–2025
Last refreshed