Out-of-pocket expenditure in Panama

Panama: Out-of-pocket expenditure was 40.5% in 2023. ▲ Rising

Latest (2023)
40.5%
Change on year
down 1.0%
World rank
57th
of 193 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 in Panama, 2000–2023

0102030402000201120232000: 30.7 % of current health expenditure2001: 31.9 % of current health expenditure2002: 32.6 % of current health expenditure2003: 33.1 % of current health expenditure2004: 32.4 % of current health expenditure2005: 35.8 % of current health expenditure2006: 33.3 % of current health expenditure2007: 30 % of current health expenditure2008: 29.2 % of current health expenditure2009: 29.7 % of current health expenditure2010: 31.4 % of current health expenditure2011: 34.2 % of current health expenditure2012: 34.8 % of current health expenditure2013: 32.3 % of current health expenditure2014: 31.8 % of current health expenditure2015: 33 % of current health expenditure2016: 32.7 % of current health expenditure2017: 31.9 % of current health expenditure2018: 35.7 % of current health expenditure2019: 37.6 % of current health expenditure2020: 39.6 % of current health expenditure2021: 37.3 % of current health expenditure2022: 40.9 % of current health expenditure2023: 40.5 % of current health expenditure

Source: Global Health Expenditure Database, updated December 12th, 2025, World Health Organization (WHO). Measured in % of current health expenditure.

Analysis

In 2023, out-of-pocket expenditure in Panama stood at 40.5%.

Compared with earlier readings it is down 1.0% on the previous year and up 25.3% over ten years.

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

That places Panama 57th out of 193 countries with data for 2023, putting it 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 in Panama, year by year

Annual values for Out-of-pocket expenditure (% of current health expenditure) in Panama, 2000 to 2023.
Year % of current health expenditure 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 29.3%, 1.4× the median. (33 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, State of 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 Viet Nam 39.2% compare
  6. 60 Chile 39.1% compare

See the full ranking of 240 places →

More health data for Panama

All data for Panama →

Frequently asked questions

What is out-of-pocket expenditure in Panama?
Out-of-pocket expenditure in Panama was 40.5% in 2023, according to Global Health Expenditure Database, updated December 12th, 2025, World Health Organization (WHO).
What is the highest out-of-pocket expenditure recorded in Panama?
The highest recorded value was 40.9% in 2022.
What is the lowest out-of-pocket expenditure recorded in Panama?
The lowest recorded value was 29.2% in 2008.
How does Panama rank for out-of-pocket expenditure?
Panama ranks 57th out of 193 countries with data for 2023.
Is out-of-pocket 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 Global Health Expenditure Database, updated December 12th, 2025, World Health Organization (WHO), published as part of Out-of-pocket expenditure (% of current health expenditure). Statizoid updates them automatically from the source API.

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Out-of-pocket expenditure in Panama. Statizoid, drawing on Global Health Expenditure Database, updated December 12th, 2025, World Health Organization (WHO). Retrieved 16 September 2026, from https://health.statizoid.com/stat/out-of-pocket-expenditure-percent-of-current-health-expenditure/panama/

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About this data

Indicator
Out-of-pocket expenditure (% of current health expenditure)
Unit
% of current health expenditure
Source
Global Health Expenditure Database, updated December 12th, 2025, World Health Organization (WHO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 5,692 data points, 2000–2024
Last refreshed

Share of out-of-pocket payments of total current health expenditures. Out-of-pocket payments are spending on health directly out-of-pocket by households.