Panama Education Spending 1995-2022

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
  • Panama education spending for 2021 was 11.97%, a 1.73% increase from 2020.
  • Panama education spending for 2020 was 10.24%, a 0.15% increase from 2019.
  • Panama education spending for 2019 was 10.09%, a 1.41% increase from 2018.
  • Panama education spending for 2018 was 8.68%, a 0% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Education Spending (% of GDP)
Puerto Rico 18.90%
Saudi Arabia 18.79%
Barbados 16.58%
Uruguay 15.39%
Turks and Caicos Islands 13.01%
British Virgin Islands 12.36%
Panama 11.97%
Seychelles 10.48%
Andorra 10.26%
Bahamas 10.13%
Antigua and Barbuda 9.90%
Qatar 8.94%
Trinidad and Tobago 8.93%
Panama Education Spending - Historical Data
Year Education Spending (% of GDP) Annual Change
2021 11.97% 1.73%
2020 10.24% 0.15%
2019 10.09% 1.41%
2018 8.68% 0.00%
2017 8.68% 1.22%
2016 7.47% -0.40%
2015 7.86% -5.16%
2011 13.02% -1.87%
2008 14.89% 0.32%
2004 14.57% -1.77%
2003 16.34% -0.61%
2002 16.96% 0.32%
2001 16.64% -3.19%
2000 19.83% 0.86%
1999 18.97% 1.62%
1997 17.35% -0.80%
1996 18.16% -0.04%
1995 18.20% -0.04%