Latvia vs Panama: Military spending gmsd
Latvia
1.10 billion
in 2023
Panama
1.04 billion
in 2023
Latvia rank
86th
Panama rank
87th
Military spending gmsd over time
- Latvia
- Panama
How they compare
Latvia currently reports 1.10 billion against 1.04 billion in Panama, a difference of 61.90 million.
That makes Latvia's figure about 1.1 times Panama's.
The two have swapped places 4 times across 56 shared years of data; in 1918 it was Latvia ahead.
Latvia ranks 86th and Panama ranks 87th of 172 countries.
Across the 8 decades both report, Latvia averaged higher in 6 and Panama in 2.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1910s | 60.15 million | 928,922 | 59.22 million | Latvia |
| 1920s | 81.67 million | 531,075 | 81.13 million | Latvia |
| 1930s | 129.15 million | 693,978 | 128.46 million | Latvia |
| 1940s | 157.73 million | 767,397 | 156.97 million | Latvia |
| 1990s | 100.19 million | 171.47 million | 71.28 million | Panama |
| 2000s | 327.12 million | 226.28 million | 100.83 million | Latvia |
| 2010s | 481.26 million | 757.80 million | 276.54 million | Panama |
| 2020s | 1.04 billion | 1.02 billion | 23.17 million | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending gmsd, Latvia or Panama?
- Latvia, at 1.10 billion against 1.04 billion in Panama as of 2023.
- What is the difference in military spending gmsd between Latvia and Panama?
- 61.90 million, with Latvia ahead.
- How many years of comparable data are there for Latvia and Panama?
- 56 years are reported by both, from 1918 to 2023.
- How do Latvia and Panama rank globally for military spending gmsd?
- Latvia ranks 86th and Panama ranks 87th of 172 countries.
- Where does this data come from?
- Our World in Data, published as Military spending gmsd. Statizoid refreshes it automatically from the source and publishes the full history for both places.