Ethiopia vs Panama: Military spending
Ethiopia
1.14 billion constant 2022 US$
in 2023
Panama
1.04 billion constant 2022 US$
in 2023
Ethiopia rank
85th
Panama rank
87th
Military spending over time
- Ethiopia
- Panama
How they compare
Ethiopia currently reports 1.14 billion constant 2022 US$ against 1.04 billion constant 2022 US$ in Panama, a difference of 99.87 million constant 2022 US$.
That makes Ethiopia's figure about 1.1 times Panama's.
The two have swapped places 4 times across 117 shared years of data; in 1903 it was Ethiopia ahead.
Ethiopia ranks 85th and Panama ranks 87th of 172 countries.
Across the 13 decades both report, Ethiopia averaged higher in 10 and Panama in 3.
Head to head by decade
| Decade | Ethiopia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1900s | 46.56 million constant 2022 US$ | 4.74 million constant 2022 US$ | 41.82 million constant 2022 US$ | Ethiopia |
| 1910s | 42.39 million constant 2022 US$ | 1.98 million constant 2022 US$ | 40.41 million constant 2022 US$ | Ethiopia |
| 1920s | 26.77 million constant 2022 US$ | 531,075 constant 2022 US$ | 26.24 million constant 2022 US$ | Ethiopia |
| 1930s | 31.04 million constant 2022 US$ | 671,010 constant 2022 US$ | 30.37 million constant 2022 US$ | Ethiopia |
| 1940s | 24.22 million constant 2022 US$ | 31.82 million constant 2022 US$ | 7.59 million constant 2022 US$ | Panama |
| 1950s | 68.39 million constant 2022 US$ | 12.70 million constant 2022 US$ | 55.69 million constant 2022 US$ | Ethiopia |
| 1960s | 200.70 million constant 2022 US$ | 10.71 million constant 2022 US$ | 189.99 million constant 2022 US$ | Ethiopia |
| 1970s | 412.99 million constant 2022 US$ | 50.51 million constant 2022 US$ | 362.49 million constant 2022 US$ | Ethiopia |
| 1980s | 921.30 million constant 2022 US$ | 153.28 million constant 2022 US$ | 768.02 million constant 2022 US$ | Ethiopia |
| 1990s | 618.50 million constant 2022 US$ | 170.24 million constant 2022 US$ | 448.27 million constant 2022 US$ | Ethiopia |
| 2000s | 530.71 million constant 2022 US$ | 226.28 million constant 2022 US$ | 304.42 million constant 2022 US$ | Ethiopia |
| 2010s | 488.63 million constant 2022 US$ | 757.80 million constant 2022 US$ | 269.17 million constant 2022 US$ | Panama |
| 2020s | 907.65 million constant 2022 US$ | 1.02 billion constant 2022 US$ | 109.17 million constant 2022 US$ | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, Ethiopia or Panama?
- Ethiopia, at 1.14 billion constant 2022 US$ against 1.04 billion constant 2022 US$ in Panama as of 2023.
- What is the difference in military spending between Ethiopia and Panama?
- 99.87 million constant 2022 US$, with Ethiopia ahead.
- How many years of comparable data are there for Ethiopia and Panama?
- 117 years are reported by both, from 1903 to 2023.
- How do Ethiopia and Panama rank globally for military spending?
- Ethiopia ranks 85th and Panama ranks 87th of 172 countries.
- Where does this data come from?
- Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.