Panama – R&D Spending
0.16%
−0.02% from 2022
APA
Panama R&D Spending. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/panama/rd-spending
BibTeX
@misc{historysaid_panama_rd-spending,
title = {Panama R&D Spending},
url = {https://historysaid.com/panama/rd-spending},
publisher = {HistorySaid},
year = {2026}
}
Data & Projection▾
| Year | Value | Change | Rank |
|---|---|---|---|
| 2026* trend | 0.17% | – | – |
| 2025* trend | 0.17% | – | – |
| 2023 | 0.16% | −0.02% | 22nd |
| 2022 | 0.18% | +0.01% | 63rd |
| 2021 | 0.18% | −0.06% | 71st |
| 2020 | 0.23% | +0.10% | 68th |
| 2019 | 0.14% | +0.00% | 85th |
| 2018 | 0.13% | −0.00% | 78th |
| 2017 | 0.14% | +0.00% | 81st |
| 2016 | 0.13% | +0.02% | 79th |
| 2015 | 0.11% | −0.02% | 92nd |
| 2014 | 0.12% | +0.06% | 79th |
* Linear trend extrapolation from last 5 data points
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%
This pattern occurred 682 times in G20 history, 460 successful
HistorySaid
Over the last decade, Panama's r&d spending averaged 0.15%. The 2023 figure of 0.16% is above this long-run average. Based on recent trends, HistorySaid estimates 0.17% by 2025.
Related
Internet Users
Mobile Subscriptions
Patent Applications
High-tech Exports
Peak: 2000
Lowest: 2013
2023
2022
2021
2020
2019
R&D Spending 1990s
R&D Spending 2000s
R&D Spending 2010s
R&D Spending 2020s
Highest ever
Lowest ever
Average
vs Trinidad and Tobago
vs Costa Rica
vs Romania
vs Oman
G20 Ranking