Government expenditure on tertiary education, constant PPP$ in Panama

Panama: Government expenditure on tertiary education, constant PPP$ was 662.11 millions in 2012. ▲ Rising

Latest (2012)
662.11 millions
Change on year
up 8.9%
World rank
76th
of 144 countries
All-time high
662.11 millions
in 2012
All-time low
309.18 millions
in 1994
Years of data
11
1994–2012

Government expenditure on tertiary education, constant PPP$ in Panama, 1994–2012

02004006001994200320121994: 309.2 millions1995: 316.7 millions1996: 361.5 millions1997: 395.4 millions1999: 510.7 millions2000: 530.5 millions2001: 480.4 millions2002: 533.1 millions2004: 514 millions2011: 608.2 millions2012: 662.1 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant ppp$ in Panama is 662.11 millions, measured in 2012. That is the highest value across all 11 years on record.

The figure is up 8.9% on the previous year and up 24.2% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in Panama peaked at 662.11 millions in 2012 and was at its lowest, 309.18 millions, in 1994.

That places Panama 76th out of 144 countries with data for 2012, putting it in the middle of the range.

The long-run direction has been consistently rising across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 378.7 millions 309.18 millions 510.72 millions 5
2000s 514.48 millions 480.36 millions 533.08 millions 4
2010s 635.13 millions 608.16 millions 662.11 millions 2

Countries ranked near Panama

  1. 73 Lebanon 724.99 millions compare
  2. 74 Lithuania 720.18 millions compare
  3. 75 Slovenia 716.46 millions compare
  4. 77 Paraguay 660.88 millions compare
  5. 78 Azerbaijan 635.26 millions compare
  6. 79 Guatemala 619.05 millions compare

See the full ranking of 144 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in Panama?
Government expenditure on tertiary education, constant ppp$ in Panama was 662.11 millions in 2012, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in Panama?
The highest recorded value was 662.11 millions in 2012.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Panama?
The lowest recorded value was 309.18 millions in 1994.
How does Panama rank for government expenditure on tertiary education, constant ppp$?
Panama ranks 76th out of 144 countries with data for 2012.
Is government expenditure on tertiary education, constant ppp$ rising or falling in Panama?
Over the last ten years it is up 24.2%. 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 tertiary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Government expenditure on tertiary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
144 places, 2,101 data points, 1984–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary 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/