Total healthcare spending as a share of GDP in Panama

Panama: Total healthcare spending as a share of GDP was 8.3% in 2023. ▲ Rising

Latest (2023)
8.3%
Change on year
down 7.9%
World rank
57th
of 195 countries
All-time high
10.2%
in 2020
All-time low
6.2%
in 2005
Years of data
24
2000–2023

Total healthcare spending as a share of GDP in Panama, 2000–2023

02.557.5102000201120232000: 7 %2001: 6.9 %2002: 7.1 %2003: 6.7 %2004: 7.1 %2005: 6.2 %2006: 6.5 %2007: 7.4 %2008: 6.8 %2009: 7 %2010: 7.2 %2011: 6.8 %2012: 6.5 %2013: 6.5 %2014: 6.9 %2015: 6.9 %2016: 7.1 %2017: 7.2 %2018: 7.6 %2019: 8.1 %2020: 10.2 %2021: 9.1 %2022: 9 %2023: 8.3 %

Source: World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data. Measured in %.

Analysis

In 2023, total healthcare spending as a share of gdp in Panama stood at 8.3%.

That represents a change of down 7.9% on the previous year and up 27.7% over ten years.

Over the whole period, total healthcare spending as a share of gdp in Panama peaked at 10.2% in 2020 and was at its lowest, 6.2%, in 2005.

That places Panama 57th out of 195 countries with data for 2023, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.9% 6.2% 7.4% 10
2010s 7.1% 6.5% 8.1% 10
2020s 9.2% 8.3% 10.2% 4

Countries ranked near Panama

  1. 54 Italy 8.4% compare
  2. 55 Greece 8.4% compare
  3. 56 Paraguay 8.4% compare
  4. 58 Nicaragua 8.3% compare
  5. 59 Ukraine 8.2% compare
  6. 60 Colombia 8.2% compare

See the full ranking of 195 places →

More health data for Panama

All data for Panama →

Frequently asked questions

What is total healthcare spending as a share of gdp in Panama?
Total healthcare spending as a share of gdp in Panama was 8.3% in 2023, according to World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data.
What is the highest total healthcare spending as a share of gdp recorded in Panama?
The highest recorded value was 10.2% in 2020.
What is the lowest total healthcare spending as a share of gdp recorded in Panama?
The lowest recorded value was 6.2% in 2005.
How does Panama rank for total healthcare spending as a share of gdp?
Panama ranks 57th out of 195 countries with data for 2023.
Is total healthcare spending as a share of gdp rising or falling in Panama?
Over the last ten years it is up 27.7%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data, published as part of Total healthcare spending as a share of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total healthcare spending as a share of GDP
Unit
%
Source
World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
195 places, 4,588 data points, 2000–2023
Last refreshed

Total healthcare expenditure as the share of national gross domestic product (GDP).