Government expenditure on tertiary education, PPP$ in Panama

Panama: Government expenditure on tertiary education, PPP$ was 490.77 millions in 2012. ▲ Rising

Latest (2012)
490.77 millions
Change on year
up 11.4%
World rank
83rd
of 145 countries
All-time high
490.77 millions
in 2012
All-time low
160.74 millions
in 1994
Years of data
11
1994–2012

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

2003004005001994200320121994: 160.7 millions1995: 168.1 millions1996: 195.4 millions1997: 217.4 millions1999: 288.1 millions2000: 305.9 millions2001: 283.1 millions2002: 319.1 millions2004: 321.8 millions2011: 440.7 millions2012: 490.8 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Panama recorded 490.77 millions for government expenditure on tertiary education, ppp$ in 2012. That is the highest value across all 11 years on record.

The figure is up 11.4% on the previous year and up 53.8% over ten years.

Over the whole period, government expenditure on tertiary education, ppp$ in Panama peaked at 490.77 millions in 2012 and was at its lowest, 160.74 millions, in 1994.

That places Panama 83rd out of 145 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 205.95 millions 160.74 millions 288.08 millions 5
2000s 307.49 millions 283.08 millions 321.85 millions 4
2010s 465.75 millions 440.72 millions 490.77 millions 2

Countries ranked near Panama

  1. 80 Cote d'Ivoire 589.41 millions compare
  2. 81 Burkina Faso 535.65 millions compare
  3. 82 Estonia 506.74 millions compare
  4. 84 Sierra Leone 432.95 millions compare
  5. 85 Honduras 385.96 millions compare
  6. 86 Namibia 384.54 millions compare

See the full ranking of 145 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is government expenditure on tertiary education, ppp$ in Panama?
Government expenditure on tertiary education, ppp$ in Panama was 490.77 millions in 2012, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, ppp$ recorded in Panama?
The highest recorded value was 490.77 millions in 2012.
What is the lowest government expenditure on tertiary education, ppp$ recorded in Panama?
The lowest recorded value was 160.74 millions in 1994.
How does Panama rank for government expenditure on tertiary education, ppp$?
Panama ranks 83rd out of 145 countries with data for 2012.
Is government expenditure on tertiary education, ppp$ rising or falling in Panama?
Over the last ten years it is up 53.8%. 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, PPP$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on tertiary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
145 places, 2,109 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 nominal value. 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$. 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/