Military expenditure in Panama
Panama: Military expenditure was 0 current USD in 2024. ◆ Volatile
Military expenditure in Panama, 1987–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in Panama is 0 current USD, measured in 2024. That is the lowest value across all 38 years on record.
Over the whole period, military expenditure in Panama peaked at 118.00 million current USD in 1997 and was at its lowest, 0 current USD, in 2000.
Panama ranks 164th of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 102.87 million current USD | 101.90 million current USD | 103.80 million current USD | 3 |
| 1990s | 95.81 million current USD | 73.10 million current USD | 118.00 million current USD | 10 |
| 2000s | 0 current USD | 0 current USD | 0 current USD | 10 |
| 2010s | 0 current USD | 0 current USD | 0 current USD | 10 |
| 2020s | 0 current USD | 0 current USD | 0 current USD | 5 |
Countries ranked near Panama
More public sector data for Panama
- Arms imports 2.00 million SIPRI trend indicator values (1989)
- Tax revenue 7.2% (2024)
- Taxes on income, profits and capital gains 29.1% (2024)
- Taxes on goods and services 32.6% (2024)
- Net investment in nonfinancial assets 2.1% (2024)
- Net lending (+) / net borrowing (-) -8.2% (2024)
- Interest payments 28.9% (2024)
- Grants and other revenue 33.3% (2024)
- Interest payments 13.4% (2021)
- Other taxes 1.6% (2024)
Frequently asked questions
- What is military expenditure in Panama?
- Military expenditure in Panama was 0 current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Panama?
- The highest recorded value was 118.00 million current USD in 1997.
- What is the lowest military expenditure recorded in Panama?
- The lowest recorded value was 0 current USD in 2000.
- How does Panama rank for military expenditure?
- Panama ranks 164th out of 167 countries with data for 2024.
- Where does this Panama data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)