Healthcare Spending: Panama
Panama's healthcare spending is currently 8.33 % of GDP as of 2023. # Panama Healthcare Spending Panama allocated 8.
Current (2023)
8.33 % of GDP
-7.9% y/y
Peak (2020)
10.216 % of GDP
Low (2005)
6.207 % of GDP
Source
World Bank World Development Indicators
2000–2023 · 24 pts
Healthcare Spending — Panama
2000 — 2023
Healthcare Spending — Panama
Analysis# Panama Healthcare Spending
Panama allocated 8.33% of its GDP to healthcare in 2023, representing a significant 19.3% increase since 2000 when spending stood at 6.97% of GDP. The country's healthcare expenditure has climbed steadily from a low of 6.207% in 2005, though it remains below the all-time peak of 10.216% recorded in 2020.
The sharp spike in 2020 reflects pandemic-related pressures on the healthcare system, with spending subsequently declining to 9.046% by 2022 before settling at 8.33% in 2023. Despite this pullback from the pandemic peak, current spending levels remain approximately 1.4 percentage points higher than pre-pandemic 2019 levels, suggesting that elevated healthcare investment has become structural rather than temporary.
Historical Data
24 Rows| Year | Value | Change % |
|---|---|---|
| 2023 | 8.33 % of GDP | -7.92% |
| 2022 | 9.046 % of GDP | -0.99% |
| 2021 | 9.136 % of GDP | -10.57% |
| 2020 | 10.216 % of GDP | +25.58% |
| 2019 | 8.135 % of GDP | +7.03% |
| 2018 | 7.601 % of GDP | +6.09% |
| 2017 | 7.165 % of GDP | +1.00% |
| 2016 | 7.094 % of GDP | +2.26% |
| 2015 | 6.937 % of GDP | +0.32% |
| 2014 | 6.915 % of GDP | +6.03% |
| 2013 | 6.522 % of GDP | +0.26% |
| 2012 | 6.505 % of GDP | -4.79% |
| 2011 | 6.832 % of GDP | -5.41% |
| 2010 | 7.223 % of GDP | +3.39% |
| 2009 | 6.986 % of GDP | +2.66% |
| 2008 | 6.805 % of GDP | -7.44% |
| 2007 | 7.352 % of GDP | +12.31% |
| 2006 | 6.546 % of GDP | +5.46% |
| 2005 | 6.207 % of GDP | -12.36% |
| 2004 | 7.082 % of GDP | +5.51% |
Show all 24 rows
| Year | Value | Change % |
|---|---|---|
| 2003 | 6.712 % of GDP | -4.88% |
| 2002 | 7.056 % of GDP | +1.99% |
| 2001 | 6.918 % of GDP | -0.96% |
| 2000 | 6.985 % of GDP | — |
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