Iceland vs Panama: Military expenditure

Iceland

0 current LCU

in 2024

Panama

0 current LCU

in 2024

Iceland rank

165th

Panama rank

165th

Military expenditure over time

Iceland currently reports 0 current LCU against 0 current LCU in Panama, a difference of 0 current LCU.

Across all 37 years both countries report, Panama has been ahead every year.

Globally, Iceland ranks 165th and Panama ranks 165th of 167 countries.

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 06 August 2026

Military expenditure in local currency at current prices (by calendar year)