Panama vs Philippines: Military spending, annual growth rate
Panama
2.66 % change on previous year
in 2023
Philippines
2.68 % change on previous year
in 2023
Panama rank
124th
Philippines rank
123rd
Military spending, annual growth rate over time
- Panama
- Philippines
How they compare
Philippines currently reports 2.68 % change on previous year against 2.66 % change on previous year in Panama, a difference of 0.02 % change on previous year.
The two have swapped places 24 times across 77 shared years of data; in 1947 it was Philippines ahead.
Panama ranks 124th and Philippines ranks 123rd of 172 countries.
Across the 9 decades both report, Panama averaged higher in 4 and Philippines in 5.
Head to head by decade
| Decade | Panama | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1940s | -11.86 % change on previous year | 32.4 % change on previous year | 44.26 % change on previous year | Philippines |
| 1950s | -10.71 % change on previous year | 3.42 % change on previous year | 14.13 % change on previous year | Philippines |
| 1960s | 13.24 % change on previous year | 2.83 % change on previous year | 10.41 % change on previous year | Panama |
| 1970s | 12.52 % change on previous year | 13.35 % change on previous year | 0.8299 % change on previous year | Philippines |
| 1980s | 12.42 % change on previous year | 0.7949 % change on previous year | 11.63 % change on previous year | Panama |
| 1990s | 0.0095 % change on previous year | 1.75 % change on previous year | 1.74 % change on previous year | Philippines |
| 2000s | 6.29 % change on previous year | -0.4615 % change on previous year | 6.75 % change on previous year | Panama |
| 2010s | 12.05 % change on previous year | 9.11 % change on previous year | 2.93 % change on previous year | Panama |
| 2020s | 0.9569 % change on previous year | 7.24 % change on previous year | 6.28 % change on previous year | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, annual growth rate, Panama or Philippines?
- Philippines, at 2.68 % change on previous year against 2.66 % change on previous year in Panama as of 2023.
- What is the difference in military spending, annual growth rate between Panama and Philippines?
- 0.02 % change on previous year, with Philippines ahead.
- How many years of comparable data are there for Panama and Philippines?
- 77 years are reported by both, from 1947 to 2023.
- How do Panama and Philippines rank globally for military spending, annual growth rate?
- Panama ranks 124th and Philippines ranks 123rd of 172 countries.
- Where does this data come from?
- Statizoid (derived), published as Military spending, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.