Panama—Education Spending, Tertiary (% of govt)
Category: EducationSource: World Bank World Development Indicators ↗Global Rank: #66 of 175Updated April 2026
Latest Value
22.2%
2011
YoY Change
-21.6%
2004 → 2011
Global Rank
#66
of 175 countries
Maximum
28.4%
2004
Minimum
22.2%
2011
CAGR
-1.2%
5 years
Last
22.2%
Previous
28.4%
Highest
28.4%
Lowest
22.2%
Source
World Bank World Development Indicators
Panama's education spending, tertiary (% of govt) was 22.2% in 2011, ranking #66 out of 175 countries. This represents a -21.6% change from 2004. Over the past 5 years, the highest recorded value was 28.4% (2004) and the lowest was 22.2% (2011). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2011 | 22.2% | -21.6% |
| 2004 | 28.4% | +0.8% |
| 2002 | 28.1% | +6.3% |
| 2001 | 26.5% | +4.4% |
| 2000 | 25.3% |
Top Countries — Education Spending, Tertiary (% of govt)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Namibia | 50.6% | 2014 |
| 2 | Ethiopia | 47.9% | 2015 |
| 3 | Sierra Leone | 46.4% | 2018 |
| 4 | Ecuador | 43.5% | 2015 |
| 5 | Botswana | 41.5% | 2009 |
| 6 | Gabon | 37.8% | 2014 |
| 7 | Macao SAR, China | 37.1% | 2017 |
| 8 | Puerto Rico (US) | 36.8% | 2014 |
| 9 | Greece | 36.1% | 2005 |
| 10 | Canada | 35.6% | 2011 |
About This Indicator
Definition
Education Spending, Tertiary (% of govt) — World Bank World Development Indicators.
Methodology
Data compiled by Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), uri: https://uis.unesco.org/bdds, publisher: UNESCO Institute for Statistics (UIS).