Share of out-of-pocket spending on healthcare vs. GDP per capita in Panama

Panama: Share of out-of-pocket spending on healthcare vs. GDP per capita was 40.5% in 2023. ▲ Rising

Latest (2023)
40.5%
Change on year
down 1.0%
World rank
57th
of 193 countries
All-time high
40.9%
in 2022
All-time low
29.2%
in 2008
Years of data
24
2000–2023

Share of out-of-pocket spending on healthcare vs. GDP per capita in Panama, 2000–2023

0102030402000201120232000: 30.7 % of current health expenditure2001: 31.9 % of current health expenditure2002: 32.6 % of current health expenditure2003: 33.1 % of current health expenditure2004: 32.4 % of current health expenditure2005: 35.8 % of current health expenditure2006: 33.3 % of current health expenditure2007: 30 % of current health expenditure2008: 29.2 % of current health expenditure2009: 29.7 % of current health expenditure2010: 31.4 % of current health expenditure2011: 34.2 % of current health expenditure2012: 34.8 % of current health expenditure2013: 32.3 % of current health expenditure2014: 31.8 % of current health expenditure2015: 33 % of current health expenditure2016: 32.7 % of current health expenditure2017: 31.9 % of current health expenditure2018: 35.7 % of current health expenditure2019: 37.6 % of current health expenditure2020: 39.6 % of current health expenditure2021: 37.3 % of current health expenditure2022: 40.9 % of current health expenditure2023: 40.5 % of current health expenditure

Source: Global Health Expenditure Database, WHO, via World Bank (2026) – processed by Our World in Data. Measured in % of current health expenditure.

Analysis

The most recent figure for share of out-of-pocket spending on healthcare vs. gdp per capita in Panama is 40.5%, measured in 2023.

Compared with earlier readings it is down 1.0% on the previous year and up 25.3% over ten years.

Over the whole period, share of out-of-pocket spending on healthcare vs. gdp per capita in Panama peaked at 40.9% in 2022 and was at its lowest, 29.2%, in 2008.

Panama ranks 57th of 193 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 24 years of available data.

Share of out-of-pocket spending on healthcare vs. GDP per capita in Panama, year by year

Annual values for Share of out-of-pocket spending on healthcare vs. GDP per capita in Panama, 2000 to 2023.
Year % of current health expenditure Change
2000 30.7%
2001 31.9% +3.8%
2002 32.6% +2.2%
2003 33.1% +1.4%
2004 32.4% -2.2%
2005 35.8% +10.7%
2006 33.3% -6.9%
2007 30.0% -10.1%
2008 29.2% -2.5%
2009 29.7% +1.7%
2010 31.4% +5.8%
2011 34.2% +8.7%
2012 34.8% +1.8%
2013 32.3% -7.2%
2014 31.8% -1.5%
2015 33.0% +3.9%
2016 32.7% -1.0%
2017 31.9% -2.4%
2018 35.7% +11.9%
2019 37.6% +5.4%
2020 39.6% +5.3%
2021 37.3% -5.7%
2022 40.9% +9.5%
2023 40.5% -1.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.9% 29.2% 35.8% 10
2010s 33.5% 31.4% 37.6% 10
2020s 39.6% 37.3% 40.9% 4

Countries ranked near Panama

  1. 54 Palestine, State of 42.1% compare
  2. 55 Saint Kitts and Nevis 41.8% compare
  3. 56 Mexico 41.2% compare
  4. 58 North Macedonia 39.6% compare
  5. 59 Viet Nam 39.2% compare
  6. 60 Chile 39.1% compare

See the full ranking of 193 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is share of out-of-pocket spending on healthcare vs. gdp per capita in Panama?
Share of out-of-pocket spending on healthcare vs. gdp per capita in Panama was 40.5% in 2023, according to Global Health Expenditure Database, WHO, via World Bank (2026) – processed by Our World in Data.
What is the highest share of out-of-pocket spending on healthcare vs. gdp per capita recorded in Panama?
The highest recorded value was 40.9% in 2022.
What is the lowest share of out-of-pocket spending on healthcare vs. gdp per capita recorded in Panama?
The lowest recorded value was 29.2% in 2008.
How does Panama rank for share of out-of-pocket spending on healthcare vs. gdp per capita?
Panama ranks 57th out of 193 countries with data for 2023.
Is share of out-of-pocket spending on healthcare vs. gdp per capita rising or falling in Panama?
Over the last ten years it is up 25.3%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Global Health Expenditure Database, WHO, via World Bank (2026) – processed by Our World in Data, published as part of Share of out-of-pocket spending on healthcare vs. GDP per capita. Statizoid updates them automatically from the source API.

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Share of out-of-pocket spending on healthcare vs. GDP per capita in Panama. Statizoid, drawing on Global Health Expenditure Database, WHO, via World Bank (2026) – processed by Our World in Data. Retrieved 10 September 2026, from https://economy.statizoid.com/stat/share-of-out-of-pocket-expenditure-vs-gdp-per-capita/panama/

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About this data

Indicator
Share of out-of-pocket spending on healthcare vs. GDP per capita
Unit
% of current health expenditure
Source
Global Health Expenditure Database, WHO, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 4,562 data points, 2000–2024
Last refreshed

Out-of-pocket spending on healthcare as percent of total current healthcare expenditure vs. GDP per capita, adjusted for inflation and differences in living costs between countries.