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Panama Health Spending

Current health expenditure as % of GDP  SH.XPD.CHEX.GD.ZS

8.66% +0.33% (+4.0%)
Year 2025 Rank #55 Global Peak 10.22% (2020) Source World Bank

Panama Health Spending (2000–2025)

Overview

Panama's health spending stood at 8.66% in 2025, a rise of +0.33% from 2023. Based on recent trends, this figure is projected to reach 8.66% by 2025. Panama ranked 55th globally.

Data & projection

Year Health Spending YoY change Rank
2026* trend 8.58% - -
2025* trend 8.66% - -
2025 8.66% +0.33% #55
2023 8.33% −0.72% #135
2022 9.05% −0.09% #151
2021 9.14% −1.08% #141
2020 10.22% +2.08% #158
2019 8.14% +0.53% #139
2018 7.60% +0.44% #136
2017 7.16% +0.07% #129
2016 7.09% +0.16% #122
2015 6.94% +0.02% #122
2014 6.92% +0.39% #119
2013 6.52% +0.02% #112
2012 6.50% −0.33% #111
2011 6.83% −0.39% #122
2010 7.22% +0.24% #126
Show all years (2000-2025)
* 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 health spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Panama's health spending?

Panama's health spending was 8.66% in 2025. Ranked 55th globally. This represents a 4.0% increase from the previous year.

What was the highest health spending in Panama?

Panama's health spending peaked at 10.22% in 2020.

What was the lowest health spending in Panama?

The lowest health spending in Panama was 6.21% in 2005.

How does Panama rank in health spending?

Panama ranks 55th globally in health spending as of 2025.

What is the World Bank indicator code for health spending?

The World Bank indicator code is SH.XPD.CHEX.GD.ZS. Data sourced from World Bank.

What is the projected health spending of Panama in 2025?

Panama's health spending is projected to reach 8.66% by 2025 based on trend extrapolation.

What is the health spending of Panama in 2025?

The health spending of Panama in 2025 was 8.66%. This ranks 55th in the world.

Cite this page

APA
Panama Health Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/panama/health-spending
BibTeX
@misc{historysaid_panama_health-spending, title = {Panama Health Spending}, url = {https://historysaid.com/panama/health-spending}, publisher = {HistorySaid}, year = {2026} }