Panama vs Tanzania: Military spending, annual growth rate

Panama
2.66 % change on previous year
in 2023
Tanzania
2.65 % change on previous year
in 2023
Panama rank
124th
Tanzania rank
125th

Military spending, annual growth rate over time

  • Panama
  • Tanzania
0100200190419632023

How they compare

Panama currently reports 2.66 % change on previous year against 2.65 % change on previous year in Tanzania, a difference of 0.01 % change on previous year.

The two have swapped places 24 times across 62 shared years of data; in 1962 it was Panama ahead.

Panama ranks 124th and Tanzania ranks 125th of 172 countries.

Across the 7 decades both report, Panama averaged higher in 3 and Tanzania in 4.

Head to head by decade

Decade Panama Tanzania Difference Ahead
1960s 15.09 % change on previous year 16.62 % change on previous year 1.54 % change on previous year Tanzania
1970s 12.52 % change on previous year 28.25 % change on previous year 15.73 % change on previous year Tanzania
1980s 12.42 % change on previous year -11.33 % change on previous year 23.75 % change on previous year Panama
1990s 0.0095 % change on previous year 2.04 % change on previous year 2.03 % change on previous year Tanzania
2000s 6.29 % change on previous year 3.96 % change on previous year 2.33 % change on previous year Panama
2010s 12.05 % change on previous year 11.94 % change on previous year 0.1081 % change on previous year Panama
2020s 0.9569 % change on previous year 4.15 % change on previous year 3.19 % change on previous year Tanzania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, annual growth rate, Panama or Tanzania?
Panama, at 2.66 % change on previous year against 2.65 % change on previous year in Tanzania as of 2023.
What is the difference in military spending, annual growth rate between Panama and Tanzania?
0.01 % change on previous year, with Panama ahead.
How many years of comparable data are there for Panama and Tanzania?
62 years are reported by both, from 1962 to 2023.
How do Panama and Tanzania rank globally for military spending, annual growth rate?
Panama ranks 124th and Tanzania ranks 125th 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.

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Panama vs Tanzania: Military spending, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-annual-growth-rate-2/panama/tanzania/

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About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

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.