Out-of-pocket expenditure as percentage of current health expenditure in Panama

Panama: Out-of-pocket expenditure as percentage of current health expenditure was 40.5% in 2023. ▲ Rising

Latest (2023)
40.5%
Change on year
down 1.0%
World rank
57th
of 194 countries
All-time high
40.9%
in 2022
All-time low
29.2%
in 2008
Years of data
24
2000–2023

Out-of-pocket expenditure as percentage of current health expenditure in Panama, 2000–2023

0102030402000201120232000: 30.72001: 31.92002: 32.62003: 33.12004: 32.42005: 35.82006: 33.32007: 302008: 29.22009: 29.72010: 31.42011: 34.22012: 34.82013: 32.32014: 31.82015: 332016: 32.72017: 31.92018: 35.72019: 37.62020: 39.62021: 37.32022: 40.92023: 40.5

Source: World Health Organization, Global Health Observatory.

Analysis

Panama recorded 40.5% for out-of-pocket expenditure as percentage of current health expenditure in 2023.

That represents a change of down 1.0% on the previous year and up 25.3% over ten years.

Over the whole period, out-of-pocket expenditure as percentage of current health expenditure in Panama peaked at 40.9% in 2022 and was at its lowest, 29.2%, in 2008.

Panama ranks 57th of 194 countries on this measure, in the middle of the range.

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

Out-of-pocket expenditure as percentage of current health expenditure in Panama, year by year

Annual values for Out-of-pocket expenditure as percentage of current health expenditure (CHE) (%) in Panama, 2000 to 2023.
Year Value Change
2000 30.7%
2001 31.9% +3.8%
2002 32.6% +2.2%
2003 33.1% +1.4%
2004 32.4% -2.2%
2005 35.8% +10.7%
2006 33.3% -6.9%
2007 30.0% -10.1%
2008 29.2% -2.5%
2009 29.7% +1.7%
2010 31.4% +5.8%
2011 34.2% +8.7%
2012 34.8% +1.8%
2013 32.3% -7.2%
2014 31.8% -1.5%
2015 33.0% +3.9%
2016 32.7% -1.0%
2017 31.9% -2.4%
2018 35.7% +11.9%
2019 37.6% +5.4%
2020 39.6% +5.3%
2021 37.3% -5.7%
2022 40.9% +9.5%
2023 40.5% -1.0%

Panama compared with similar countries

  • Panama's 40.5% is above the median for high income countries, which is 16.8%, 2.4× the median. (64 countries reporting)
  • Panama's 40.5% is above the median for Latin America & Caribbean, which is 29.5%, 1.4× the median. (32 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.9% 29.2% 35.8% 10
2010s 33.5% 31.4% 37.6% 10
2020s 39.6% 37.3% 40.9% 4

Countries ranked near Panama

  1. 54 Palestine 42.1% compare
  2. 55 Saint Kitts and Nevis 41.8% compare
  3. 56 Mexico 41.2% compare
  4. 58 North Macedonia 39.6% compare
  5. 59 Vietnam 39.2% compare
  6. 60 Democratic Republic of Congo 38.0% compare

See the full ranking of 207 places →

More health data for Panama

All data for Panama →

Frequently asked questions

What is out-of-pocket expenditure as percentage of current health expenditure in Panama?
Out-of-pocket expenditure as percentage of current health expenditure in Panama was 40.5% in 2023, according to World Health Organization, Global Health Observatory.
What is the highest out-of-pocket expenditure as percentage of current health expenditure recorded in Panama?
The highest recorded value was 40.9% in 2022.
What is the lowest out-of-pocket expenditure as percentage of current health expenditure recorded in Panama?
The lowest recorded value was 29.2% in 2008.
How does Panama rank for out-of-pocket expenditure as percentage of current health expenditure?
Panama ranks 57th out of 194 countries with data for 2023.
Is out-of-pocket expenditure as percentage of current health expenditure rising or falling in Panama?
Over the last ten years it is up 25.3%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from World Health Organization, Global Health Observatory, published as part of Out-of-pocket expenditure as percentage of current health expenditure (CHE) (%). Statizoid updates them automatically from the source API.

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Out-of-pocket expenditure as percentage of current health expenditure in Panama. Statizoid, drawing on World Health Organization, Global Health Observatory. Retrieved 18 September 2026, from https://health.statizoid.com/stat/out-of-pocket-expenditure-as-percentage-of-current-health-expenditure-che-percent/panama/

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About this data

Indicator
Out-of-pocket expenditure as percentage of current health expenditure (CHE) (%)
Source
World Health Organization, Global Health Observatory
Licence
CC BY-NC-SA 3.0 IGO (WHO)
Coverage
207 places, 4,876 data points, 2000–2023
Last refreshed