Research and development expenditure in Panama
Panama: Research and development expenditure was 0.2% in 2024. βΌ Falling
Research and development expenditure in Panama, 1996β2024
Source: Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO). Measured in % of GDP.
Analysis
In 2024, research and development expenditure in Panama stood at 0.2%.
Compared with earlier readings it is up 24.7% on the previous year and up 65.1% over ten years.
Over the whole period, research and development expenditure in Panama peaked at 0.4% in 2000 and was at its lowest, 0.1%, in 2013.
Panama ranks 92nd of 116 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | 0.3% | 0.3% | 4 |
| 2000s | 0.3% | 0.1% | 0.4% | 10 |
| 2010s | 0.1% | 0.1% | 0.2% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 5 |
Countries ranked near Panama
- 89 Burundi 0.2% compare
- 90 Azerbaijan 0.2% compare
- 91 Seychelles 0.2% compare
- 93 Peru 0.2% compare
- 94 Pakistan 0.2% compare
- 95 Kazakhstan 0.2% compare
More science & technology data for Panama
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2023)
- Mobile landline subscriptions, gaps filled 156.59 (2023)
- Mobile cellular subscriptions by country, per capita 1.57 units per person (2023)
- Mobile cellular subscriptions by country, per unit of GDP 0.0001 units per US$ of GDP (2023)
- Mobile cellular subscriptions by country, gaps filled 6.98 million (2023)
- Mobile cellular subscriptions by country, per square kilometre 94.12 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 2.98 % change on previous year (2023)
- Mobile cellular subscriptions by country, annual growth rate 4.33 % change on previous year (2023)
- Scientific and technical journal articles 282.01 (2023)
- Scientific and technical journal articles, per capita 0.0001 units per person (2023)
Frequently asked questions
- What is research and development expenditure in Panama?
- Research and development expenditure in Panama was 0.2% in 2024, according to Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO).
- What is the highest research and development expenditure recorded in Panama?
- The highest recorded value was 0.4% in 2000.
- What is the lowest research and development expenditure recorded in Panama?
- The lowest recorded value was 0.1% in 2013.
- How does Panama rank for research and development expenditure?
- Panama ranks 92nd out of 116 countries with data for 2024.
- Is research and development expenditure rising or falling in Panama?
- Over the last ten years it is up 65.1%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), published as part of Research and development expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.