Government spending on education overall vs. primary education in Panama

Panama: Government spending on education overall vs. primary education was 2.5% in 2023. ▼ Falling

Latest (2023)
2.5%
Change on year
down 26.8%
World rank
169th
of 199 countries
All-time high
4.9%
in 2000
All-time low
2.5%
in 2023
Years of data
40
1970–2023

Government spending on education overall vs. primary education in Panama, 1970–2023

0123451970199620231970: 4 % of GDP1971: 3.4 % of GDP1972: 4 % of GDP1973: 3.5 % of GDP1974: 3.8 % of GDP1975: 4.2 % of GDP1976: 4.3 % of GDP1977: 4.3 % of GDP1978: 3.6 % of GDP1979: 3.6 % of GDP1980: 3.5 % of GDP1981: 3.4 % of GDP1982: 3.4 % of GDP1983: 3.6 % of GDP1984: 3.5 % of GDP1985: 3.5 % of GDP1986: 3.3 % of GDP1987: 3.9 % of GDP1994: 3.5 % of GDP1995: 3.9 % of GDP1996: 4.4 % of GDP1997: 4.1 % of GDP1999: 4.8 % of GDP2000: 4.9 % of GDP2001: 4.2 % of GDP2002: 4.3 % of GDP2003: 4.2 % of GDP2004: 3.6 % of GDP2008: 3.4 % of GDP2011: 3.1 % of GDP2014: 3.1 % of GDP2015: 3.3 % of GDP2016: 3.3 % of GDP2017: 3.4 % of GDP2018: 3.5 % of GDP2019: 3.3 % of GDP2020: 4.3 % of GDP2021: 3.7 % of GDP2022: 3.4 % of GDP2023: 2.5 % of GDP

Source: UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for government spending on education overall vs. primary education in Panama is 2.5%, measured in 2023. That is the lowest value across all 40 years on record.

Compared with earlier readings it is down 26.8% on the previous year and down 19.8% over ten years.

Over the whole period, government spending on education overall vs. primary education in Panama peaked at 4.9% in 2000 and was at its lowest, 2.5%, in 2023.

That places Panama 169th out of 199 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 40 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.9% 3.4% 4.3% 10
1980s 3.5% 3.3% 3.9% 8
1990s 4.1% 3.5% 4.8% 5
2000s 4.1% 3.4% 4.9% 6
2010s 3.3% 3.1% 3.5% 7
2020s 3.5% 2.5% 4.3% 4

Countries ranked near Panama

  1. 166 Thailand 2.5% compare
  2. 167 Angola 2.5% compare
  3. 168 Anguilla 2.5% compare
  4. 170 Armenia 2.4% compare
  5. 171 Comoros 2.3% compare
  6. 172 Gabon 2.3% compare

See the full ranking of 199 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is government spending on education overall vs. primary education in Panama?
Government spending on education overall vs. primary education in Panama was 2.5% in 2023, according to UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data.
What is the highest government spending on education overall vs. primary education recorded in Panama?
The highest recorded value was 4.9% in 2000.
What is the lowest government spending on education overall vs. primary education recorded in Panama?
The lowest recorded value was 2.5% in 2023.
How does Panama rank for government spending on education overall vs. primary education?
Panama ranks 169th out of 199 countries with data for 2023.
Is government spending on education overall vs. primary education rising or falling in Panama?
Over the last ten years it is down 19.8%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data, published as part of Government spending on education overall vs. primary education. Statizoid updates them automatically from the source API.

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About this data

Indicator
Government spending on education overall vs. primary education
Unit
% of GDP
Source
UNESCO Institute for Statistics (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 5,140 data points, 1970–2025
Last refreshed

Total annual general government spending on all levels of education, expressed as a percentage of GDP.