Latvia vs Panama: Government expenditure on tertiary education as % of GDP
Government expenditure on tertiary education as % of GDP over time
- Latvia
- Panama
How they compare
Panama currently reports 0.7% against 0.7% in Latvia, a difference of 0.0%.
The two have swapped places 1 time across 9 shared years of data; in 1996 it was Panama ahead.
Latvia ranks 100th and Panama ranks 98th of 160 countries.
Across the 3 decades both report, Latvia averaged higher in 1 and Panama in 2.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.8% | 1.1% | 0.3% | Panama |
| 2000s | 0.8% | 1.1% | 0.3% | Panama |
| 2010s | 1.2% | 0.7% | 0.5% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government expenditure on tertiary education as % of gdp, Latvia or Panama?
- Panama, at 0.7% against 0.7% in Latvia as of 2012.
- What is the difference in government expenditure on tertiary education as % of gdp between Latvia and Panama?
- 0.0%, with Panama ahead.
- How many years of comparable data are there for Latvia and Panama?
- 9 years are reported by both, from 1996 to 2012.
- How do Latvia and Panama rank globally for government expenditure on tertiary education as % of gdp?
- Latvia ranks 100th and Panama ranks 98th of 160 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as Government expenditure on tertiary education as % of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers), expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. Divide total government expenditure for a given level of education (ex. primary, secondary, or all levels combined) by the GDP, and multiply by 100. A higher percentage of GDP spent on education shows a higher government priority for education, but also a higher capacity of the government to raise revenues for public spending, in relation to the size of the country's economy. When interpreting this indicator however, one should keep in mind in some countries, the private sector and/or households may fund a higher proportion of total funding for education, thus making government expenditure appear lower than in other countries. Limitations: In some instances data on total public expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/