{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"share-edu-spending-gdp-vs-share-edu-total-spending","source":"UNESCO Institute for Statistics (2026) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/share-edu-spending-gdp-vs-share-edu-total-spending","title":"Share of GDP spent on education vs. share of government spending assigned to education","unit":"%"},"observations":[{"date":"1995-01-01","value":17.4013},{"date":"1996-01-01","value":17.663},{"date":"1997-01-01","value":16.4834},{"date":"1999-01-01","value":18.8441},{"date":"2000-01-01","value":19.8319},{"date":"2001-01-01","value":16.6391},{"date":"2002-01-01","value":16.9575},{"date":"2003-01-01","value":16.343},{"date":"2004-01-01","value":14.5762},{"date":"2008-01-01","value":14.8748},{"date":"2011-01-01","value":12.9444},{"date":"2014-01-01","value":13.3286},{"date":"2015-01-01","value":15.1898},{"date":"2016-01-01","value":15.5378},{"date":"2017-01-01","value":15.8837},{"date":"2018-01-01","value":15.8163},{"date":"2019-01-01","value":15.6074},{"date":"2020-01-01","value":15.6296},{"date":"2021-01-01","value":15.6105},{"date":"2022-01-01","value":15.7813},{"date":"2023-01-01","value":11.4928},{"date":"2024-01-01","value":16.2803}],"summary":{"latest_period":"2024-01-01","latest_value":16.2803,"max":19.8319,"mean":15.8508,"min":11.4928,"of":194,"rank":45,"trend":"falling"}}