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24Peaks / North America / Panama / Government Education Expenditure (% of GDP)

Panama - Government Education Expenditure (% of GDP) 2.47

World Bank WDI · updated 2026-10-15 · 203 economies tracked

Latest value

2.47 (2023)

Global rank

##97 of 203 economies

Share of global total

0.5%

Growth since 1970

0.61×

Ranking Race — Government Education Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#23#45#67#89#111#1331970198019902000201020202025#14#972020 overtook Croatia2023 overtook Dominican Republic
PanamaBurundiPhilippines

Real annual global ranks, 1970 - 2025. Panama climbed from #14 to #97 (overtook Croatia). Gaps in a lane = missing data that year.

Key events for Panama ↓

Key Events — Panama

Auto-detected from rank data + curated milestones

2001
Fell 15 places in global rank auto
2004
Fell 16 places in global rank auto
2020
Overtook Croatia in global rank auto
2020
Climbed 26 places in global rank auto
2021
Fell 16 places in global rank auto
2023
Overtook Dominican Republic in global rank auto

Government Education Expenditure (% of GDP), 1970-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
197019852000201520232.473.284.084.89

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Related indicators

Government Health Expenditure (% of GDP), General Government Gross Debt (% of GDP), Government Defence Expenditure (% of GDP), Government Revenue (% of GDP)

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