Panama: Government expenditure on education, total (% of GDP)
In , Panama's Government expenditure on education, total (% of GDP) was 2.47.
That's down 26.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.24 .
Source: World Bank Open Data (SE.XPD.TOTL.GD.ZS) • Data as of 2023
Trend (2008–2023)
Highlights
- Peak
- 4.30
- Trough
- 2.47
- 1-year change
- -26.8%
- 5-year change
- -28.4%
- -6.5% / yr
Historical Data — Last 10 Years
| Year | Government expenditure on education, total (% of GDP) |
|---|---|
| 2.4723 | |
| 3.3778 | |
| 3.7120 | |
| 4.3049 | |
| 3.2812 | |
| 3.4524 | |
| 3.3783 | |
| 3.3228 | |
| 3.2655 | |
| 3.0811 |
About Government expenditure on education, total (% of GDP)
General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
Indicator code: SE.XPD.TOTL.GD.ZS • Category: Education
Frequently asked questions
- What was Panama's Government expenditure on education, total (% of GDP) in 2023?
- In 2023, Panama's Government expenditure on education, total (% of GDP) was 2.47, according to World Bank Open Data.
- Is Panama's Government expenditure on education, total (% of GDP) rising or falling?
- Panama's Government expenditure on education, total (% of GDP) fell 26.8% from 2022 to 2023.
- How does Panama's Government expenditure on education, total (% of GDP) compare to the world average?
- The global average for Government expenditure on education, total (% of GDP) in 2023 was 4.24, so Panama is below the world average.
- What is Government expenditure on education, total (% of GDP) and how is it measured?
- General government expenditure on education (current, capital, and transfers) is expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.
Source: World Bank Open Data (SE.XPD.TOTL.GD.ZS), CC BY 4.0.