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Panama Education Spending

Government expenditure on education as % of GDP  SE.XPD.TOTL.GD.ZS

Panama's education spending was 2.41% in 2025, ranked 138th globally. This represents a 2.5% decrease from 2024. Data from World Bank, covering 1970–2025.

2.41% −0.06% (-2.5%)
Year 2025 Rank #138 Global Peak 4.89% (2000) Source World Bank

Panama Education Spending (1970–2025)

Overview

Panama's education spending stood at 2.41% in 2025, a decline of +0.06% from 2023. Based on recent trends, this figure is projected to reach 2.41% by 2025. Panama ranked 138th globally.

Panama's education spending as a percentage of its GDP has experienced a decline over the years, with the latest available figure standing at 2.41%, ranking 138th globally. This represents a significant drop from the country's all-time peak of 4.89% in 2000, a year when Panama invested nearly 5% of its GDP in education. In contrast to its peers, such as San Marino which invests 2.48% of its GDP in education, Panama's current allocation falls short. The downward trend in education spending is a concern, considering the importance of education in fostering economic growth and human development. The all-time trough of 2.41% in 2025 underscores the need for Panama to reassess its priorities and allocate more resources to the education sector. A reversal of this trend could be achieved through increased government commitment to education, potentially driven by a shift in policy priorities or economic growth that allows for greater investment.

Data & projection

Year Education Spending YoY change Rank
2026* trend 2.16% - -
2025* trend 2.41% - -
2025 2.41% −0.06% #138
2023 2.47% −0.91% #25
2022 3.38% −0.33% #56
2021 3.71% −0.59% #61
2020 4.30% +1.02% #81
2019 3.28% −0.17% #52
2018 3.45% +0.07% #57
2017 3.38% +0.06% #55
2016 3.32% +0.06% #50
2015 3.27% +0.18% #45
2014 3.08% +0.01% #40
2011 3.07% −0.35% #41
2008 3.43% −0.13% #35
2004 3.56% −0.64% #50
2003 4.20% −0.06% #56
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.9% GDP growth 2.9% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw education spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Panama's education spending?▾

Panama's education spending was 2.41% in 2025. Ranked 138th globally. This represents a 2.5% decrease from the previous year.

What was the highest education spending in Panama?▾

Panama's education spending peaked at 4.89% in 2000.

What was the lowest education spending in Panama?▾

The lowest education spending in Panama was 2.41% in 2025.

How does Panama rank in education spending?▾

Panama ranks 138th globally in education spending as of 2025.

What is the World Bank indicator code for education spending?▾

The World Bank indicator code is SE.XPD.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected education spending of Panama in 2025?▾

Panama's education spending is projected to reach 2.41% by 2025 based on trend extrapolation.

What is the education spending of Panama in 2025?▾

The education spending of Panama in 2025 was 2.41%. This ranks 138th in the world.

Cite this page

APA
Panama Education Spending. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/panama/education-spending-gdp/
BibTeX
@misc{historysaid_panama_education-spending-gdp, title = {Panama Education Spending}, url = {https://historysaid.com/panama/education-spending-gdp/}, publisher = {HistorySaid}, year = {2026} }
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