Share of out of pocket expenditure on healthcare in Panama

Panama: Share of out of pocket expenditure on healthcare was 40.45 in 2023. ▲ Rising

Latest (2023)
40.45
Change on year
down 1.0%
World rank
57th
of 193 countries
All-time high
40.87
in 2022
All-time low
29.22
in 2008
Years of data
24
2000–2023

Share of out of pocket expenditure on healthcare 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: Our World in Data.

Analysis

The most recent figure for share of out of pocket expenditure on healthcare in Panama is 40.45, measured in 2023.

The figure is down 1.0% on the previous year and up 25.3% over ten years.

Over the whole period, share of out of pocket expenditure on healthcare in Panama peaked at 40.87 in 2022 and was at its lowest, 29.22, in 2008.

Panama ranks 57th of 193 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.

Share of out of pocket expenditure on healthcare in Panama, year by year

Annual values for Share of out of pocket expenditure on healthcare in Panama, 2000 to 2023.
Year Value Change
2000 30.71 —
2001 31.89 +3.8%
2002 32.6 +2.2%
2003 33.06 +1.4%
2004 32.35 -2.2%
2005 35.8 +10.7%
2006 33.34 -6.9%
2007 29.96 -10.1%
2008 29.22 -2.5%
2009 29.72 +1.7%
2010 31.44 +5.8%
2011 34.16 +8.7%
2012 34.78 +1.8%
2013 32.28 -7.2%
2014 31.8 -1.5%
2015 33.04 +3.9%
2016 32.7 -1.0%
2017 31.92 -2.4%
2018 35.7 +11.9%
2019 37.62 +5.4%
2020 39.6 +5.3%
2021 37.33 -5.7%
2022 40.87 +9.5%
2023 40.45 -1.0%

Panama compared with similar countries

  • Panama's 40.45 is above the median for high income countries, which is 16.78, 2.4× the median. (64 countries reporting)
  • Panama's 40.45 is above the median for Latin America & Caribbean, which is 29.33, 1.4× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.87 29.22 35.8 10
2010s 33.54 31.44 37.62 10
2020s 39.56 37.33 40.87 4

Countries ranked near Panama

  1. 54 Palestine 42.07 compare
  2. 55 Saint Kitts and Nevis 41.8 compare
  3. 56 Mexico 41.24 compare
  4. 58 North Macedonia 39.57 compare
  5. 59 Vietnam 39.2 compare
  6. 60 Chile 39.15 compare

See the full ranking of 193 places →

More health data for Panama

All data for Panama →

Frequently asked questions

What is share of out of pocket expenditure on healthcare in Panama?
Share of out of pocket expenditure on healthcare in Panama was 40.45 in 2023, according to Our World in Data.
What is the highest share of out of pocket expenditure on healthcare recorded in Panama?
The highest recorded value was 40.87 in 2022.
What is the lowest share of out of pocket expenditure on healthcare recorded in Panama?
The lowest recorded value was 29.22 in 2008.
How does Panama rank for share of out of pocket expenditure on healthcare?
Panama ranks 57th out of 193 countries with data for 2023.
Is share of out of pocket expenditure on healthcare 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 Our World in Data, published as part of Share of out of pocket expenditure on healthcare. Statizoid updates them automatically from the source API.

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Share of out of pocket expenditure on healthcare in Panama. Statizoid, drawing on Our World in Data. Retrieved 11 November 2026, from https://health.statizoid.com/stat/share-of-out-of-pocket-expenditure-on-healthcare/panama/

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About this data

Indicator
Share of out of pocket expenditure on healthcare
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 4,562 data points, 2000–2024
Last refreshed