Health expenditure government expenditure in Panama

Panama: Health expenditure government expenditure was 19.85 in 2023. ▲ Rising

Latest (2023)
19.85
Change on year
down 11.0%
World rank
11th
of 195 countries
All-time high
22.35
in 2019
All-time low
16.47
in 2005
Years of data
24
2000–2023

Health expenditure government expenditure in Panama, 2000–2023

051015202000201120232000: 19.82001: 18.72002: 18.82003: 17.22004: 19.22005: 16.52006: 18.62007: 22.22008: 20.12009: 20.52010: 19.22011: 182012: 17.12013: 17.42014: 18.42015: 19.72016: 20.32017: 20.82018: 20.22019: 22.32020: 20.12021: 21.32022: 22.32023: 19.8

Source: Our World in Data.

Analysis

In 2023, health expenditure government expenditure in Panama stood at 19.85.

Compared with earlier readings it is down 11.0% on the previous year and up 14.1% over ten years.

Over the whole period, health expenditure government expenditure in Panama peaked at 22.35 in 2019 and was at its lowest, 16.47, in 2005.

That places Panama 11th out of 195 countries with data for 2023, putting it in the top 10%.

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

Health expenditure government expenditure in Panama, year by year

Annual values for Health expenditure government expenditure in Panama, 2000 to 2023.
Year Value Change
2000 19.78 —
2001 18.73 -5.3%
2002 18.84 +0.6%
2003 17.18 -8.8%
2004 19.22 +11.9%
2005 16.47 -14.3%
2006 18.56 +12.7%
2007 22.25 +19.9%
2008 20.07 -9.8%
2009 20.49 +2.1%
2010 19.23 -6.2%
2011 17.99 -6.4%
2012 17.11 -4.9%
2013 17.4 +1.7%
2014 18.43 +5.9%
2015 19.71 +6.9%
2016 20.34 +3.2%
2017 20.8 +2.2%
2018 20.19 -2.9%
2019 22.35 +10.7%
2020 20.13 -9.9%
2021 21.35 +6.0%
2022 22.3 +4.5%
2023 19.85 -11.0%

Panama compared with similar countries

  • Panama's 19.85 is above the median for high income countries, which is 14.05, 1.4× the median. (64 countries reporting)
  • Panama's 19.85 is above the median for Latin America & Caribbean, which is 12.03, 1.6× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.16 16.47 22.25 10
2010s 19.35 17.11 22.35 10
2020s 20.91 19.85 22.3 4

Countries ranked near Panama

  1. 8 Australia 21.01 compare
  2. 9 United Kingdom 20.05 compare
  3. 10 Cuba 19.98 compare
  4. 12 Sweden 19.45 compare
  5. 13 New Zealand 19.21 compare
  6. 14 Germany 19.21 compare

See the full ranking of 195 places →

More health data for Panama

All data for Panama →

Frequently asked questions

What is health expenditure government expenditure in Panama?
Health expenditure government expenditure in Panama was 19.85 in 2023, according to Our World in Data.
What is the highest health expenditure government expenditure recorded in Panama?
The highest recorded value was 22.35 in 2019.
What is the lowest health expenditure government expenditure recorded in Panama?
The lowest recorded value was 16.47 in 2005.
How does Panama rank for health expenditure government expenditure?
Panama ranks 11th out of 195 countries with data for 2023.
Is health expenditure government expenditure rising or falling in Panama?
Over the last ten years it is up 14.1%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Our World in Data, published as part of Health expenditure government expenditure. Statizoid updates them automatically from the source API.

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Health expenditure government expenditure in Panama. Statizoid, drawing on Our World in Data. Retrieved 10 November 2026, from https://health.statizoid.com/stat/health-expenditure-government-expenditure/panama/

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About this data

Indicator
Health expenditure government expenditure
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
195 places, 4,588 data points, 2000–2023
Last refreshed