Government expenditure on education, constant PPP$ in Panama

Panama: Government expenditure on education, constant PPP$ was 2,734 millions in 2011. ▲ Rising

Latest (2011)
2,734 millions
Change on year
up 7.6%
World rank
86th
of 161 countries
All-time high
2,734 millions
in 2011
All-time low
1,181 millions
in 1994
Years of data
12
1994–2011

Government expenditure on education, constant PPP$ in Panama, 1994–2011

01.0k2.0k3.0k1994200220111994: 1.2k millions1995: 1.4k millions1996: 1.5k millions1997: 1.5k millions1999: 2.0k millions2000: 2.1k millions2001: 1.8k millions2002: 1.9k millions2003: 2.0k millions2004: 1.8k millions2008: 2.5k millions2011: 2.7k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on education, constant ppp$ in Panama is 2,734 millions, measured in 2011. That is the highest value across all 12 years on record.

The figure is up 7.6% on the previous year and up 50.6% over ten years.

Over the whole period, government expenditure on education, constant ppp$ in Panama peaked at 2,734 millions in 2011 and was at its lowest, 1,181 millions, in 1994.

That places Panama 86th out of 161 countries with data for 2011, putting it in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,491 millions 1,181 millions 1,955 millions 5
2000s 2,020 millions 1,813 millions 2,542 millions 6
2010s 2,734 millions 2,734 millions 2,734 millions 1

Countries ranked near Panama

  1. 83 Cameroon 2,845 millions compare
  2. 84 Paraguay 2,833 millions compare
  3. 85 Zambia 2,822 millions compare
  4. 87 Zimbabwe 2,654 millions compare
  5. 88 Senegal 2,540 millions compare
  6. 89 Lebanon 2,522 millions compare

See the full ranking of 161 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on education, constant ppp$ in Panama?
Government expenditure on education, constant ppp$ in Panama was 2,734 millions in 2011, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, constant ppp$ recorded in Panama?
The highest recorded value was 2,734 millions in 2011.
What is the lowest government expenditure on education, constant ppp$ recorded in Panama?
The lowest recorded value was 1,181 millions in 1994.
How does Panama rank for government expenditure on education, constant ppp$?
Panama ranks 86th out of 161 countries with data for 2011.
Is government expenditure on education, constant ppp$ rising or falling in Panama?
Over the last ten years it is up 50.6%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 2,648 data points, 1990–2019
Last refreshed

Total general (local, regional and central) government expenditure on education (current, capital, and transfers), in millions PPP$ (at purchasing power parity) in constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to PPP$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant PPP$ values are expressed in 2014 prices. Limitations: In some instances data on total government 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/