Research & development spending as a share of GDP in Panama
Panama: Research & development spending as a share of GDP was 0.2% in 2024. ▼ Falling
Research & development spending as a share of GDP in Panama, 1996–2024
Source: UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for research & development spending as a share of gdp in Panama is 0.2%, measured in 2024.
The figure is up 24.7% on the previous year and up 65.1% over ten years.
Over the whole period, research & development spending as a share of gdp 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
- Scientific and technical journal articles 282.01 (2023)
- Mobile phone subscriptions 6.98 million (2023)
- Mobile phone subscriptions per 100 people 156.59 per 100 people (2023)
- Mobile and landline phone subscriptions per 100 people 156.59 per 100 people (2023)
- Patent applications, nonresidents 401 (2021)
- Share of the population using the Internet 72.8% (2024)
- Patent applications, residents 35 (2021)
- Research and development expenditure 0.2% (2024)
- Number of people using the Internet 2.87 million users (2021)
- Landline Internet subscriptions per 100 people 18.13 per 100 people (2023)
Frequently asked questions
- What is research & development spending as a share of gdp in Panama?
- Research & development spending as a share of gdp in Panama was 0.2% in 2024, according to UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data.
- What is the highest research & development spending as a share of gdp recorded in Panama?
- The highest recorded value was 0.4% in 2000.
- What is the lowest research & development spending as a share of gdp recorded in Panama?
- The lowest recorded value was 0.1% in 2013.
- How does Panama rank for research & development spending as a share of gdp?
- Panama ranks 92nd out of 116 countries with data for 2024.
- Is research & development spending as a share of gdp 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 UNESCO UIS Stat Bulk Data Download Service, via World Bank (2026) – processed by Our World in Data, published as part of Research & development spending as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Includes basic research, applied research, and experimental development.