Initial government funding per tertiary student as a percentage of in Panama

Panama: Initial government funding per tertiary student as a percentage of was 18.7% in 2012. ▼ Falling

Latest (2012)
18.7%
Change on year
down 3.9%
World rank
92nd
of 115 countries
All-time high
32.6%
in 1999
All-time low
18.7%
in 2012
Years of data
7
1999–2012

Initial government funding per tertiary student as a percentage of in Panama, 1999–2012

01020301999200520121999: 32.62000: 30.92001: 28.52002: 31.62004: 25.82011: 19.52012: 18.7

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for initial government funding per tertiary student as a percentage of in Panama is 18.7%, measured in 2012. That is the lowest value across all 7 years on record.

The figure is down 3.9% on the previous year and down 40.7% over ten years.

Over the whole period, initial government funding per tertiary student as a percentage of in Panama peaked at 32.6% in 1999 and was at its lowest, 18.7%, in 2012.

That places Panama 92nd out of 115 countries with data for 2012, putting it in the bottom quarter.

Initial government funding per tertiary student as a percentage of in Panama, year by year

Annual values for Initial government funding per tertiary student as a percentage of GDP per capita in Panama, 1999 to 2012.
Year Value Change
1999 32.6%
2000 30.9% -5.3%
2001 28.5% -7.7%
2002 31.6% +10.9%
2004 25.8% -18.3%
2011 19.5% -24.4%
2012 18.7% -3.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 32.6% 32.6% 32.6% 1
2000s 29.2% 25.8% 31.6% 4
2010s 19.1% 18.7% 19.5% 2

Countries ranked near Panama

  1. 89 Tajikistan 19.6% compare
  2. 90 Lebanon 19.5% compare
  3. 91 Cameroon 19.4% compare
  4. 93 Thailand 18.2% compare
  5. 94 Belarus 17.9% compare
  6. 95 Australia 17.8% compare

See the full ranking of 115 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is initial government funding per tertiary student as a percentage of in Panama?
Initial government funding per tertiary student as a percentage of in Panama was 18.7% in 2012, according to UNESCO Institute for Statistics.
What is the highest initial government funding per tertiary student as a percentage of recorded in Panama?
The highest recorded value was 32.6% in 1999.
What is the lowest initial government funding per tertiary student as a percentage of recorded in Panama?
The lowest recorded value was 18.7% in 2012.
How does Panama rank for initial government funding per tertiary student as a percentage of?
Panama ranks 92nd out of 115 countries with data for 2012.
Is initial government funding per tertiary student as a percentage of rising or falling in Panama?
Over the last ten years it is down 40.7%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from UNESCO Institute for Statistics, published as part of Initial government funding per tertiary student as a percentage of GDP per capita. Statizoid updates them automatically from the source API.

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Initial government funding per tertiary student as a percentage of in Panama. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/initial-government-funding-per-tertiary-student-as-a-percentage-of-gdp-per-capita/panama/

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About this data

Indicator
Initial government funding per tertiary student as a percentage of GDP per capita
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
115 places, 1,387 data points, 1970–2019
Last refreshed

Total general (local, regional and central, current and capital) initial government funding of education per student, which includes transfers paid (such as scholarships to students), but excludes transfers received, in this case international transfers to government for education (when foreign donors provide education sector budget support or other support integrated in the government budget). Calculation Method: Total general (local, regional and central) government expenditure (current and capital) on a given level of education (primary, secondary, etc) minus international transfers to government for education, divided by the number of student enrolled at that level of education. This is then expressed as a share of GDP per capita. 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. There are also cases where it may not be possible to separate international transfers to government from general government expenditure on education, in which cases they have not been subtracted in the formula. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/