Current health expenditure in Panama

Panama: Current health expenditure was 8.33 in 2023. ▲ Rising

Latest (2023)
8.33
Change on year
down 7.9%
World rank
8th
of 32 countries
All-time high
10.22
in 2020
All-time low
6.21
in 2005
Years of data
24
2000–2023

Current health expenditure in Panama, 2000–2023

02.557.5102000201120232000: 72001: 6.92002: 7.12003: 6.72004: 7.12005: 6.22006: 6.52007: 7.42008: 6.82009: 72010: 7.22011: 6.82012: 6.52013: 6.52014: 6.92015: 6.92016: 7.12017: 7.22018: 7.62019: 8.12020: 10.22021: 9.12022: 92023: 8.3

Source: UNICEF.

Analysis

The most recent figure for current health expenditure in Panama is 8.33, measured in 2023.

The figure is down 7.9% on the previous year and up 27.7% over ten years.

Over the whole period, current health expenditure in Panama peaked at 10.22 in 2020 and was at its lowest, 6.21, in 2005.

That places Panama 8th out of 32 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 24 years of available data.

Current health expenditure in Panama, year by year

Annual values for Current health expenditure (% of GDP) in Panama, 2000 to 2023.
Year Value Change
2000 6.98
2001 6.92 -1.0%
2002 7.06 +2.0%
2003 6.71 -4.9%
2004 7.08 +5.5%
2005 6.21 -12.4%
2006 6.55 +5.5%
2007 7.35 +12.3%
2008 6.8 -7.5%
2009 6.99 +2.7%
2010 7.22 +3.4%
2011 6.83 -5.4%
2012 6.5 -4.8%
2013 6.52 +0.3%
2014 6.92 +6.0%
2015 6.94 +0.3%
2016 7.09 +2.3%
2017 7.16 +1.0%
2018 7.6 +6.1%
2019 8.14 +7.0%
2020 10.22 +25.6%
2021 9.14 -10.6%
2022 9.05 -1.0%
2023 8.33 -7.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.86 6.21 7.35 10
2010s 7.09 6.5 8.14 10
2020s 9.18 8.33 10.22 4

Countries ranked near Panama

  1. 5 El Salvador 9.29 compare
  2. 6 Uruguay 9.02 compare
  3. 7 Paraguay 8.36 compare
  4. 9 Nicaragua 8.3 compare
  5. 10 Colombia 8.16 compare
  6. 11 Honduras 7.71 compare

See the full ranking of 32 places →

More health data for Panama

All data for Panama →

Frequently asked questions

What is current health expenditure in Panama?
Current health expenditure in Panama was 8.33 in 2023, according to UNICEF.
What is the highest current health expenditure recorded in Panama?
The highest recorded value was 10.22 in 2020.
What is the lowest current health expenditure recorded in Panama?
The lowest recorded value was 6.21 in 2005.
How does Panama rank for current health expenditure?
Panama ranks 8th out of 32 countries with data for 2023.
Is current health expenditure rising or falling in Panama?
Over the last ten years it is up 27.7%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from UNICEF, published as part of Current health expenditure (% of GDP). Statizoid updates them automatically from the source API.

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Current health expenditure in Panama. Statizoid, drawing on UNICEF. Retrieved 08 September 2026, from https://health.statizoid.com/stat/current-health-expenditure-percent-of-gdp-2/panama/

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About this data

Indicator
Current health expenditure (% of GDP)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
32 places, 750 data points, 2000–2023
Last refreshed