Government expenditure on education, constant US$ in Panama

Panama: Government expenditure on education, constant US$ was 1,360 millions in 2011. ◆ Volatile

Latest (2011)
1,360 millions
Change on year
up 7.6%
World rank
82nd
of 167 countries
All-time high
1,360 millions
in 2011
All-time low
252.09 millions
in 1971
Years of data
30
1970–2011

Government expenditure on education, constant US$ in Panama, 1970–2011

2505007501.0k1.2k1970199020111970: 277.2 millions1971: 252.1 millions1972: 313.1 millions1973: 288.7 millions1974: 324.1 millions1975: 358.6 millions1976: 378.5 millions1977: 379.8 millions1978: 351.3 millions1979: 370.9 millions1980: 407.1 millions1981: 431.5 millions1982: 452.8 millions1983: 449.2 millions1984: 450.7 millions1985: 480.2 millions1986: 472.5 millions1987: 536.7 millions1994: 587.7 millions1995: 680.2 millions1996: 734.2 millions1997: 734.5 millions1999: 972.7 millions2000: 1.0k millions2001: 903.3 millions2002: 942.7 millions2003: 977 millions2004: 901.8 millions2008: 1.3k millions2011: 1.4k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Panama recorded 1,360 millions for government expenditure on education, constant us$ in 2011. That is the highest value across all 30 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 us$ in Panama peaked at 1,360 millions in 2011 and was at its lowest, 252.09 millions, in 1971.

Panama ranks 82nd of 167 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 329.43 millions 252.09 millions 379.83 millions 10
1980s 460.08 millions 407.07 millions 536.66 millions 8
1990s 741.86 millions 587.69 millions 972.65 millions 5
2000s 1,005 millions 901.8 millions 1,264 millions 6
2010s 1,360 millions 1,360 millions 1,360 millions 1

Countries ranked near Panama

  1. 79 Serbia 1,651 millions compare
  2. 80 Macao 1,466 millions compare
  3. 81 Honduras 1,456 millions compare
  4. 83 Zimbabwe 1,357 millions compare
  5. 84 Estonia 1,336 millions compare
  6. 85 Latvia 1,331 millions compare

See the full ranking of 167 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on education, constant us$ in Panama?
Government expenditure on education, constant us$ in Panama was 1,360 millions in 2011, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, constant us$ recorded in Panama?
The highest recorded value was 1,360 millions in 2011.
What is the lowest government expenditure on education, constant us$ recorded in Panama?
The lowest recorded value was 252.09 millions in 1971.
How does Panama rank for government expenditure on education, constant us$?
Panama ranks 82nd out of 167 countries with data for 2011.
Is government expenditure on education, constant us$ rising or falling in Panama?
Over the last ten years it is up 50.6%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, constant US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 3,670 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on education (current, capital, and transfers) in millions US$ 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 US$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant US$ 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/