Education spending in Panama

Government spending on education in Panama was equal to 2.5% of GDP in 2023. The value for 2023 is the lowest in the series, which starts in 1970.

Panama, 2023 2.5% % of GDP
Change from 2022 −0.9percentage points 2022: 3.4%
World, 2023 3.6% Official aggregate

Education spending in Panama over time

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Panama World ×

% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

Government expenditure on education as a share of GDP (% of GDP), 2001 to 2023
Period PanamaWorld
2023 2.5% 3.6%
2022 3.4% 3.9%
2021 3.7% 4.2%
2020 4.3% 4.3%
2019 3.3% 4.2%
2018 3.5% 4.2%
2017 3.4% 4.1%
2016 3.3% 4.2%
2015 3.3% 4.2%
2014 3.1% 4.2%
2013 – 4.3%
2012 – 4.0%
2011 3.1% 4.1%
2010 – 4.2%
2009 – 4.7%
2008 3.4% 4.2%
2007 – 4.0%
2006 – 4.0%
2005 – 4.0%
2004 3.6% 3.9%
2003 4.2% 4.1%
2002 4.3% 3.9%
2001 4.2% 3.9%

A dash means no value was published for that period.

In short

  • That is a change of −0.9 percentage points from 3.4% in 2022.
  • Since 2011, when it was 3.1%, the figure has changed by −0.6 percentage points.
  • The figure for the world in 2023 was 3.6%.

Source and dates

Original producer
UNESCO Institute for Statistics
Distributed by
World Bank, World Development Indicators
Dataset or series code
SE.XPD.TOTL.GD.ZS · dataset details · view at source
Observation period
1970 to 2023 for Panama
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: UNESCO Institute for Statistics