Panama vs Slovenia: Military spending

Panama
1.04 billion constant 2022 US$
in 2023
Slovenia
974.21 million constant 2022 US$
in 2023
Panama rank
87th
Slovenia rank
90th

Military spending over time

  • Panama
  • Slovenia
0250.0M500.0M750.0M1.0B190319632023

How they compare

Panama currently reports 1.04 billion constant 2022 US$ against 974.21 million constant 2022 US$ in Slovenia, a difference of 64.79 million constant 2022 US$.

That makes Panama's figure about 1.1 times Slovenia's.

The two have swapped places 1 time across 32 shared years of data; in 1992 it was Slovenia ahead.

Panama ranks 87th and Slovenia ranks 90th of 172 countries.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

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.